Current Affairs - Finance - Discussion
Discussion Forum : Finance - Latest Current Affairs (Q.No. 3)
3.
Which organisation emerged as the largest development partner for Nepal in the fiscal year 2024/25?
Answer: Option
Explanation:
In the fiscal year 2024/25, Nepal received foreign aid commitments surpassing its budget estimates, with the Asian Development Bank (ADB) contributing the largest share—over Rs. 118 billion—primarily focused on environmental projects. This placed ADB ahead of other development partners, including the World Bank, which committed around Rs. 100 billion in sectors like roads, disaster resilience, bridges, and trade. Notably, ADB was also the top donor in the previous fiscal year (2023/24), demonstrating its continued commitment and leading role in supporting Nepal’s development priorities.
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