Nepal and ADB

In the Spotlight

Overview

Nepal has made notable socioeconomic progress over the years, particularly in the area of poverty incidence, and meeting a majority of the Millennium Development Goals (MDGs), which are likely to be met by 2015. However, it continues to face challenges in further reducing poverty and socioeconomic disparities, achieving the remaining MDGs, and accelerating its annual growth rate.

ADB's country partnership strategy, 2013-2017, supports the government's development objective of accelerated and inclusive economic growth. It seeks to address the infrastructure bottlenecks in the areas of energy, air and road transport, water supply and sanitation, and irrigation, creating an enabling environment for increased business and employment opportunities.


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Funding Information


Fast Facts

27.21(2013) Population in millions

1.3%(2008-2013) Average annual population growth rate

25.2%(2011) Population living below the national poverty line

Basic Statistics