Nepal Seeks UN Grants Instead of Loans for Financial Support
What happened
Prime Minister Balendra Shah told the United Nations on Thursday that Nepal contributes less than 0.1 per cent of global greenhouse-gas emissions. He requested that the United Nations provide grants instead of loans to support the country's financial needs.
From riotimesonline.com
Why it matters
The request by Balendra Shah for grants rather than loans could change Nepal's national funding access and debt profile. This shift relates to the country's ongoing financial needs.
From riotimesonline.com
Who's involved
- Balendra ShahPrime Minister of Nepal
- United NationsGlobal international and intergovernmental organization
- Government of NepalLegislative, executive and judiciary powers of Nepal
- NepalCountry in South Asia
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- NepalSpeculative
Nepal might see changes in its national funding access and debt profile due to the shift from loans to grants.
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The entities involved
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Balendra Shah
Nepalese rapper and politician; Prime Minister of Nepal since 2026
- Nepal seeks international attention at the UN General Assembly, with Balendra Shah expected to raise issues and Fatima Payman expressing sympathy for flood victims.
- Nepal, alongside other figures, proposed a trilateral mechanism for regional issues and discussed leadership roles in the Himalayan region.
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United Nations
global international and intergovernmental organization