Chinese Government provides $20 million grant tp Nepal for budgetary support to support peace process

$20M USD

Funder	China Ministry of Commerce
Recipient Organization	Government of Nepal
Country	Nepal
Start Date	Jan 24, 2012
End Date	Jul 14, 2030
Duration	6,746 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`38552`

Grant Description

On January 14, 2012, China announced a one-time grant of US$20 million (over Rs 1.65 billion) to the government of Nepal to support the peace process, in particular this grant is a budgetary support which will be used for financing rehabilitation of former Maoist combatants.

This was announced when Prime Minister Wen Jiabao of China paid a short visit to Nepal (lasting four and a half hours), stopping over on his way to the Persian Gulf. According to the Nepal government, the agreement was signed in 2012 but not implemented yet as of 2018.

📚 Sources & References

Chinese PM in Nepal: A short visit but a long trail?
Wen Jiabao makes brief Nepal visit, offers aid
China pledges Rs 9.75b grant
China to provide USD 20m to support peace process; Wen leaves for Qatar
Nepal gets Rs 12 billion
China's largest grant ever
Wen’s visit took bilateral relations to ‘a new height’
Chinese Premier's Nepal Visit: Brief but landmark
Nepali-Chinese joint statement on cooperation
Wen's Hug and Fly visit to Nepal
December 2018 Nepal AMP -- Budgetary Support (China) .pdf Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.