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Nepal: Foreign aid declines by 3.5 percent

himalaya Diary News Service by himalaya Diary News Service
February 4, 2026
in Business, Feature
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Nepal Finance Ministry releases Rs 19.21 billion for election expenses
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Nepal mobilized USD 1.37 billion in foreign assistance in fiscal year 2022/23, a 3.5 percent drop from the previous year, according to the Ministry of Finance. Loans made up 66.5 percent of the total aid, while grants and technical assistance accounted for 19.9 percent and 13.6 percent, respectively. Over one-fifth of the assistance was channeled outside the national budget. The government is now implementing the Foreign Aid Mobilization Policy 2026 to enhance transparency and alignment with development priorities.

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