In a surprising move, Nepal\u2019s apex court decided to turn down foreign aid in local businesses terming that \u2018inappropriate\u2019\u2019.<\/p>\n
Following the debate on \u2018receiving financial aid from foreign sources\u2019, the Supreme Court (SC) turned down the United Nations Development Program (UNDP) financial aid of Rs. 460 million.<\/p>\n
SC turned down the decision stating that the monetary support from UNDP<\/a> was against the government\u2019s policy of accepting foreign aid in key state sectors.<\/p>\n \u201cIt would be better to seek budget from the government if we fall short of funds for any activity,\u201d said SC.<\/p>\n UNDP had also proposed the renewal of its five-year program, \u2018Strengthening the Rule of Law and Human Rights (RoLHR) Protection System in Nepal\u2019, which also aims at providing poor and vulnerable communities better access to justice. <\/em><\/p>\n While RoLHR <\/em>has now completed its first five-year term, Acting Chief Justice Deepak Raj Joshee says, \u201cWe have decided not to continue with the program.\u201d<\/p>\n Considering the debate over continuing the program which goes against the government policies and programs, the court constituted a three-member body to look into the matter.<\/p>\n The panel led by Justice Hari Krishna Karki submitted its report recently, which labels RoLHR as \u2018inappropriate\u2019. The report summarizes that accepting foreign support from UNDP<\/a> was going against the state\u2019s policy of receiving monetary support for key state sectors.<\/p>\n State Treasury on Priority<\/strong> The latest move will create avenues for state-owned departments and domestic industries through increased government support. Additionally, the Supreme Court\u2019s decision will reduce Nepal\u2019s dependence on foreign firms and direct it to raise funds domestically.<\/p>\n","protected":false},"excerpt":{"rendered":" In a surprising move, Nepal\u2019s apex court decided to turn down foreign aid in local businesses…<\/span><\/p>\n
\nReferring to this, the government says that all judiciary expenses will be taken care by the state treasury, and a 4.5 billion budget<\/a> has already been allocated for the judiciary.<\/p>\n