News and Updates
Foreign aid a necessary evil
Foreign aid has become a necessary evil as it has been financing around 60 per cent of development programmes, according to experts.
The Political Sociology of Aid in Nepal
AAMN humbly invites you for an interaction workshop on THE POLITICAL SOCIOLOFY OF AID IN NEPAL.
Making Aid Data accessible to wider population
AAMN Research Report
Framework Agreement between GoN and European Investment Bank (EIB)
May 24, 2012
Mr. Karan Shrestha
In a recent meeting, a framework agreement was signed between the Government of Nepal (GoN) and European Investment Bank (EIB) where the European Union's long-term financing institution can start financing capital investments in Nepal. An agreement was successfully signed between Mr. Krishna Hari Baskota, secretary of the Ministry of Finance of GoN and Magdalena Álvarez Arza, the EIB Vice-President with special responsibility for the Bank’s activities in Asia.
Finance Secretary assured that this agreement will provide Nepal with a basis for sufficient financing at low cost and create a conducive environment for foreign investment in different projects such as infrastructure development, energy, sustainable environment and many more. He further added, “We are confident that this venture will help Nepal to achieve sustainable and inclusive economic development. Let us hope that this collaboration will grow further in the days to come.”
Extracted from :-
Press Release of European Investment Bank, Kathmandu/Luxembourg, 7 May 2012