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The Development Cooperation Report, 2020 has been launched by the
International Economic Cooperation Coordination of the Ministry of Finance. DCR,
2020 is a detailed account of development cooperation, both in the form of
Official Development Assistance from various bilateral and multilateral
development partners and cooperation received from International
Non-Governmental Organizations (INGOs) in the Fiscal Year 2019/20, the period
from 16 July 2019 to 15 July 2020
This Report presents the
composition and analysis of development cooperation received from various
bilateral and multilateral development partners during the period and their
engagement in various sectors, types and modalities of disbursement.
As per the report, an ODA of 2,003 million USD was disbursed in 2019/20 compared to 1,578 million USD in the
previous year, an increase of 21.2%. On the
other hand, there has been notable decline in the INGO contributions from 215.3
million USD in 2018/19 to 131.8 million USD in 2019/20. Of the total ODA
disbursed in Nepal in 2019/20, 512.9
million USD (25.6%) was disbursed specifically for
COVID-19 response and recovery.
The
Report highlights that of the total ODA, 69.9%
was provided as loans, 18.7% as
grants and 11.3% as technical assistance in 2019/20. The increasing share of loans in ODA
reflects the result of Nepal’s eligibility in concessional loans from the
Multilateral Development Banks and institutions.
There
has been an important shift in the form of increase
in the portion of budgetary support by the development partners. The
portion of budgetary support has reached 36.9% of total ODA in 2019/20
from 15.2% in 2018/19.
The
Report also highlights significant improvement in the on-budget channeling of
assistance. Of total ODA, 1,672.9
million USD (83.5%) was channeled through on-budget in
the review period compared to that of FY 2018/19 where 78.4%
of ODA was channeled as on-budget funding.
The Report emphasizes the importance of
more integrated cooperation based on country results framework and use of
national systems as well as the possible areas of improvement to enhance the
effectiveness of development cooperation in Nepal.
Ministry of Finance is
thankful to all the development partners, including international
Non-Governmental Organizations, for their continued cooperation in regularly
reporting and validating their development cooperation information in the AMIS,
without which the publication of the report would not have a reality.
The Full Report can be accessed in: https://mof.gov.np/uploads/document/file/DCR%202019-20_20210408093433.pdf
