Foreign aid in 5 provinces grows

- Post Report, Kathmandu

Jan 17, 2019-

Five out of seven provinces saw their foreign aid disbursement grow in the last fiscal year. According to the Development Cooperation Report, Province 3, despite a drop of 6.28 percent in aid disbursement, stood the top recipient of the development assistance. It received aid amounting to $332.47 million in 2017-18. 

Likewise, disbursement in Province 1 also declined 5.46 percent to $58.31 million. As per the report, of the total development assistance disbursed, about 57 percent ($923.2 million) was disbursed through national level projects while about 43 percent ($699.6 million) was disbursed to projects associated with specific districts or provinces.

Published: 17-01-2019 07:20

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