A “big leap” towards aid transparency in Nepal
Kathmandu -- Nepal’s Ministry of Finance launched, on Friday, a public portal on disbursement of foreign aid, hailed by officials and development partners alike as a “big leap” towards aid transparency. The portal http://portal.mof.gov.np is a part of Aid Management platform supported by UNDP and other development partners. It will give public an unprecedented access to detailed information on aid disbursement in Nepal by donor, sector and geographic location.
“All the aid money that comes to Nepal is meant for the people of Nepal,” said Nepal’s Finance Secretary Mr. Shanta Raj Subedi, launching the public portal. “Finally people of Nepal have a tool in their hands that gives them access to information on the flow and volume of foreign aid.”
According to Government of Nepal estimates, there are currently 700 different foreign aid funded projects and programme in Nepal.
Citing a recent government analysis, Mr. Subedi said that foreign aid in Nepal is largely spent in the central region, whereas the poorer regions get lesser volume of the assistance. Mr. Subedi said that the portal will allow proper analysis and would encourage more equitable disbursement of international assistance where it is needed the most.
“Transparency is a top priority for UNDP and a vital element in maintaining the trust vested in us by the public and our partners,” said UNDP Country Director Ms. Shoko Noda. “This online Aid Management Information enables the public to track aid and helps us and our partners to plan and manage resources more effectively.”
UNDP, a founding member of International Aid Transparency Initiative, partnered with Denmark, DFID and USAID to help Nepal in rolling out Aid Management system.
“UNDP is committed to full adoption of the common aid transparency standard to ensure publication of financial data and project information in the most transparent and accessible way,” said Ms. Noda.