Short Narratives - Goal by Goal
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Goal 8 / Global Partnership for Development Poverty - Target likely to be achieved  Nepal relies heavily on official development assistance (ODA) to implement its development programmes and to reach the MDGs. In the past years, the Government and the donor community have engaged in a regular dialogue through the Nepal Development Forum mechanism. The flow of foreign assistance to Nepal, inclusive of all bilateral and multilateral loans, grants and technical assistance, more than doubled between 2001/2002 and 2008/2009. Per capita foreign aid glows increased from NRs 621 in 2001/02 to Nrs 1,317 in 2008/09 (According to Ministry of Finance 2010). Sectoral distribution of foreign aid shows that the share of foreign aid in the social sector has almost doubled since 2001/02, reaching nearly 68 per cent in 2008/09. On Aid Effectiveness and harmonisation, the OECD DAC survey on Nepal published in March 2008 made recommendations on ways to align donor and government programmes more effectively. In September 2008 the Ministry of Finance participated in the 3rd High Level Forum on Aid Effectiveness in Accra, contributing to the global review of the harmonisation efforts. In line with the aid effectiveness agenda, the UN system in Nepal is taking intensified steps towards harmonising its programmes with government systems - support to the sector-wide approaches on education and health being strong cases in point - and to further internal coordination and joint programming to lessen transaction costs of the Government. On enhancing trade, Nepal passed an important milestone when it joined the World Trade Organisation in 2004. Nepal, like many other LDCs, remains vulnerable to global economic volatility due to its highly concentrated export trade. In line with WTO requirements, Nepal needs to put in place a coherent trade integration strategy to address constraints in the business environment, institutional inefficiencies, supply, demand and capacity issues. MDG 8 also calls for developing decent and productive work for youth. To create jobs for the 300,000 young people entering the job market each year, partnerships with the private sector is vital to fight youth unemployment. Nepal also needs to secure bilateral agreements to ensure better protection for the many youth working abroad. To deliver improved outcomes against health related MDGs, Nepal is a signatory of the International Health Partnership Plus, for which the first draft of the National Compact has been prepared. With the involvement of supporting partners, the compact seeks the intensification of free health care and motivating health workforce to scale up health services to ensure that health services reaches the unreached. |
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