There has always been a great deal of skepticism regarding the actual achievements of INGOs in a country like ours where there are no strict government policies and regulations. The lack of transparency and accountability from the side of INGOs has only added to the skepticism.
While INGOs have made great contributions in uplifting and developing various sectors such as health, education, agriculture, infrastructure, etc; the general public have always questioned whether the bulk of their budget is truly used in the projects or misused under ambiguous headings such as administrative expenditures or assortment.
While INGOs have made great contributions in uplifting and developing various sectors such as health, education, agriculture, infrastructure, etc; the general public have always questioned whether the bulk of their budget is truly used in the projects or misused under ambiguous headings such as administrative expenditures or assortment.
There are also various reports of several INGOs not submitting their annual audits to the Social Welfare Council(SWC) and several of them disappearing completely for years following registration with no way to track their activities down within the country.
Following the earthquake, there has been a great increase in the number of new INGOs sprouting and becoming active in the country. We are in great need of financial and logistical support at this time of crisis and any help from our friends around the world is greatly appreciated. This, however, also allows organizations to take advantage of the situation, and withhold further transparency and accountability. This creates a negative image for the INGOs that are functioning transparently and are an asset to Nepal's development.
Hence the new measure by the SWC to bring financial transactions of all INGOs under government banking system is a welcome move. This will create a channel for INGOs to submit their audits in one place and will also help the government in tracking down the expenditure activities of the INGOs. This will also provide a roadmap for INGOs that are interested in working in Nepal in the future and encourage them to follow strict guidelines.
Following the earthquake, there has been a great increase in the number of new INGOs sprouting and becoming active in the country. We are in great need of financial and logistical support at this time of crisis and any help from our friends around the world is greatly appreciated. This, however, also allows organizations to take advantage of the situation, and withhold further transparency and accountability. This creates a negative image for the INGOs that are functioning transparently and are an asset to Nepal's development.
Hence the new measure by the SWC to bring financial transactions of all INGOs under government banking system is a welcome move. This will create a channel for INGOs to submit their audits in one place and will also help the government in tracking down the expenditure activities of the INGOs. This will also provide a roadmap for INGOs that are interested in working in Nepal in the future and encourage them to follow strict guidelines.
