Give money for change

Money doesn’t always buy love. It almost certainly never buys change. If deployed correctly, however, it has immense potential to influence change. Nepal’s development partners should take heed of this universal truth. They must reposition their generous aid so that it leads to systemic change and meaningful policy reforms.

Foreign aid, consisting of grants, loans and technical assistance, accounts for approximately a quarter of Nepal’s budget. Total donor commitments for 2022-23 amount to $2.5 billion, the government’s aid information management system reports. This would place aid per capita in Nepal at around $80, one of the highest in South Asia and across the world.

Reference:
https://kathmandupost.com/columns/2023/07/27/give-money-for-change