Nepal to rely mostly on foreign aid to buy COVID-19 vaccines

The COVID-19 pandemic has hurt the economy and government revenue has taken a hit resulting in a resource crunch

Jan 22, 2021
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The COVID-19 pandemic has hurt the economy and government revenue has taken a hit resulting in a resource crunch.

Prime Minister KP Sharma Oli has, in the meantime, announced midterm elections which will require additional funds. But the government is struggling to generate resources to procure COVID-19 vaccines for Nepali citizens and is lobbying with donors for funds.

“We are generating the maximum amount required for purchasing coronavirus vaccines from multilateral and bilateral donors,” said Finance Secretary Sishir Dhungana.

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