The Nepal Portfolio Performance Review (NPPR), an exclusive club where government officials and donors gather to review the performance of aid projects, will include the private sector and civil society organizations for the first time.
The Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the Federation of Contractors’ Associations of Nepal (FCAN), civil society organizations, domestic non-governmental organizations (NGOs) and international
non-governmental organizations (INGOs) will be invited to join the upcoming meet scheduled to be held on April 23 in Kathmandu, said Finance Ministry officials.
“As the private sector and NGOs also have been an important part of development initiatives in the country, it was felt necessary to bring them into the NPPR where the challenges of development activities are discussed,” said Kailash Raj Pokharel, under secretary at the International Economic Cooperation Coordination Division at the Finance Ministry. “For example, contractors are important components to decide whether a certain project is completed on time or not, and NGOs and INGOs have also been active in carrying out development activities throughout the country.” A majority of development projects are implemented through contractors as little budget funds are spent through consumer groups.Pokharel, who has been looking after NPPR affairs at the ministry for a long time, said that the Busan Meet on aid effectiveness had made a similar recommendation.
Recognizing the role of the private sector in advancing innovation and creating wealth, income and jobs, mobilizing domestic resources and in turn contributing to poverty reduction, the Busan Declaration on Aid Effectiveness held in 2011 urged including the private sector in national development discourse.
The declaration also pledged to allow civil society organizations to exercise their roles as independent development actors in recognition of their vital role in enabling people to shape development policies and partnership. Newly-elected FNCCI President Pradeep Jung Pandey welcomed the ministry’s decision to invite the private sector to NPPR. “As the private sector is involved in various infrastructure projects, including hydropower, there is a
need for solving problems in these projects like in those funded by the government,” he said.
Remaining
The Federation of Nepalese Chambers of Commerce and Industry (FNCCI), the Federation of Contractors’ Associations of Nepal (FCAN), civil society organizations, domestic non-governmental organizations (NGOs) and international
non-governmental organizations (INGOs) will be invited to join the upcoming meet scheduled to be held on April 23 in Kathmandu, said Finance Ministry officials.
“As the private sector and NGOs also have been an important part of development initiatives in the country, it was felt necessary to bring them into the NPPR where the challenges of development activities are discussed,” said Kailash Raj Pokharel, under secretary at the International Economic Cooperation Coordination Division at the Finance Ministry. “For example, contractors are important components to decide whether a certain project is completed on time or not, and NGOs and INGOs have also been active in carrying out development activities throughout the country.” A majority of development projects are implemented through contractors as little budget funds are spent through consumer groups.Pokharel, who has been looking after NPPR affairs at the ministry for a long time, said that the Busan Meet on aid effectiveness had made a similar recommendation.
Recognizing the role of the private sector in advancing innovation and creating wealth, income and jobs, mobilizing domestic resources and in turn contributing to poverty reduction, the Busan Declaration on Aid Effectiveness held in 2011 urged including the private sector in national development discourse.
The declaration also pledged to allow civil society organizations to exercise their roles as independent development actors in recognition of their vital role in enabling people to shape development policies and partnership. Newly-elected FNCCI President Pradeep Jung Pandey welcomed the ministry’s decision to invite the private sector to NPPR. “As the private sector is involved in various infrastructure projects, including hydropower, there is a
need for solving problems in these projects like in those funded by the government,” he said.
Remaining
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