KATHMANDU, Dec 22: Experts have pointed out the need to streamline small-scale foreign aid that various countries including Nepal’s immediate neighbors provide in underserved areas including those in the border region.
Infrastructure experts have suggested the government that it kept in centre the national interest while receiving foreign loan and grants for infrastructure building.
The government of Nepal has received commitments for foreign aid amounting to over Rs 138.5 billion as of mid-March in the current fiscal year 2022/23.
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KIEV, Aug. 31: Ukraine received 4.6 billion U.S. dollars in international aid in August, the Interfax-Ukraine news agency reported Tuesday, citing Finance Minister Serhiy Marchenko.
Ukraine is expected to get 1.5 billion dollars in grant aid from the United States in September, and macro-financial assistance from the European Union in September or early October, Marchenko was quoted as saying.
On June 24, the European Commission announced plans to issue up to 9 billion euros in loans to support Ukraine under a new exceptional Macro-Financial Assistance program.
In August, Ukraine received 1 billion euros of the aid package in two tranches.
Since the start of the Russia-Ukraine conflict on Feb. 24, Ukraine has received 17 billion dollars in aid from its partners, according to the Ukrainian Finance Ministry.
Fatima Sumar, vice-president of the US aid project Millennium Challenge Corporation (MCC), warned that foreign aids would be cut off if Nepal refused MCC grant.
