Nepal's top donors: China doubles aid in just 4 years

By Lorenzo Piccio 01 May 2015

A view of some of the damage in Sankhu, one of the towns badly affected when a 7.8-magnitude earthquake struck Nepal on April 25. China, a major contributor to the earthquake relief efforts, has more than doubled its foreign aid to the country since 2010. Photo by: Laxmi Prasad Ngakhusi / UNDP Nepal / CC BY-NC-ND

Nearly a week after a devastating 7.8-magnitude earthquake hit Nepal, humanitarian aid continues to pour into the South Asian country.

According to the U.N. Office for the Coordination of Humanitarian Affairs, bilateral and private donors have contributed $22 million toward the earthquake response, representing just 5 percent of the U.N.’s $415 million appeal over the next three months.

The second-poorest country in Asia after Afghanistan, Nepal was reliant on external financing for a quarter of its public expenditures even before the earthquake. In 2013-14, Nepal’s foreign aid receipts topped $1 billion, a jump of 8 percent from the previous year.

Prior to the earthquake, Nepal’s government recorded aid receipts from 41 development partners. Only in December, the Millennium Challenge Corp. announced plans to develop a compact with Nepal, its first with a South Asian country.

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About the author

Piccio
Lorenzo Piccio@lorenzopiccio

Lorenzo is a contributing analyst for Devex. Previously Devex's senior analyst for development finance in Manila, he is currently an MA candidate in international economics and international development at the Johns Hopkins School of Advanced International Studies in Washington. Lorenzo holds a bachelor's degree in government and social studies from Wesleyan University.


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