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November 16: Finance Minister Yubaraj Khatiwada reaffirmed Nepal’s commitment to maintain transparency in aid during the annual meeting of the International Aid Transparency Initiative’s (IATI) Technical Advisory Group (TAG) in Kathmandu from November 13 to 15.
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The National Planning Commission estimates that to achieve the Sustainable Development Goals, aid flow to Nepal must double from 2016 levels.
UNDP Country Director Renaud Meyer and Rurik Marsden, chief of DFID Nepal, also attended the meeting, signaling strong support for IATI from the multi-lateral and development partner communities.
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<p>The National Planning Commission estimates that to achieve the Sustainable Development Goals, aid flow to Nepal must double from 2016 levels.</p>
<p>UNDP Country Director Renaud Meyer and Rurik Marsden, chief of DFID Nepal, also attended the meeting, signaling strong support for IATI from the multi-lateral and development partner communities.</p>
<p>Renaud Meyer noted in his opening remarks that ‘the success of IATI reflects its relevance as well as the consensus that accurate and transparent development data is critical for action at the country level’.</p>
<p>Started as a ‘coalition of the willing’ of 14 development partners in 2008, IATI has now over 90 members and close to 900 publishers who have recognised the importance of high-quality funding data in support of sustainable development. More than 1.1 million development projects are now published and regularly updated according to the global reporting standard known as the IATI Standard.</p>
<p>As Coordinator of the IATI Secretariat, the United Nations Development Programme will continue to advocate for and support increased use of IATI data at the county level for maximum sustainable development and impactful responses to poverty and crises.</p>
<p> </p>
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