Denmark and Switzerland Plan to Phase Out Development Aid to Nepal
1 report, 1 independent
Updated Thu 00:00
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What happened
Development assistance cooperation with Nepal is being suspended and planned to be phased out by 2029. Denmark is suspending its assistance, and Switzerland plans to phase out its development cooperation with Nepal by 2029.
From spotlightnepal.com
Why it matters
Foreign-supported programs have historically contributed significantly to Nepal’s development by helping expand rural infrastructure, improve health and education, and reduce poverty. The withdrawal of this assistance creates a new challenge for Nepal, which is struggling to recover from climate-induced disasters.
From spotlightnepal.com
Who's involved
- NepalCountry receiving development assistance
- DenmarkCountry suspending development assistance
- SwitzerlandCountry planning to phase out development cooperation by 2029
Keep exploring
The entities involved
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Nepal
country in South Asia
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Denmark
country in Northern Europe and North America
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Switzerland
country in Central Europe
Related events
- Bilateral discussions were held in Nepal regarding cooperative education and development.
- High-level talks involving Abdullah bin Zayed Al Nahyan regarding cooperation and humanitarian coordination with Maldives, Brunei, and Nepal.
- Calls for regional cooperation on shared resources among Nepal, Bhutan, and Sri Lanka.
- Switzerland and Tajikistan are discussing the current state of their bilateral relations and prospects for future cooperation.
- Denmark is deepening defense cooperation with Ukraine, providing aid and military equipment as part of joint NATO defense efforts.