Aid is failing Nepal

December 4, 2018 01:30 am

The delivery mechanisms for development aid are financing the monopoly of the state and crowding out change agents

KATHMANDU, Nov 13: Finance Minister Dr Yuba Raj Khatiwada Minister has stressed that foreign aid resources must complement, rather than crowd out, domestic resources mobilization.

ISLAMABAD, Sept 21: With only nine months left in closing of the project, Pakistan has not yet taken a final decision on the cancellation of a $400 million loan, which the Asian Development Bank (ADB) has extended for installation of smart electricity meters, due to divergent views of the concerned ministries.