Developing Asia To Extend Steady Growth in 2014

Higher demand from recovering advanced economies will be dampened somewhat by moderating growth in the PRC, says new ADB report. Read More

Middle-income Trap Holds Back Asia's Potential New Tiger Economies

Moving from a low-cost to a high-value economy requires innovative companies, an improved education system, and government incentives. Read More

ADB Provides Additional $25 Million To Complete Melamchi Tunnel

ADB will provide an additional $25 million loan to the Government of Nepal to complete the Melamchi tunnel and help alleviate a severe water shortage in the Kathmandu Valley. Read More

South Asia: Regional Operations Business Plan (2014-2016)

Proposed South Asia operations for 2014-2016 will continue to focus on improving regional connectivity, boosting cross-border trade, and strengthening regional energy cooperation. Read More

Overview

The environment for governance and project implementation, including public procurement and financial management, continues to be challenging as Nepal undergoes political transition. Development operations are impeded by difficult topography, poor infrastructure, and weak institutional capacity. Frequent power cuts, strikes, and fuel shortages have also emerged as bottlenecks to Nepal’s economic growth. A more conducive environment needs to be created for private sector investments in infrastructure and industries, and for participation of diverse social groups, including the most vulnerable.

Under the country partnership strategy, 2013-2017, for Nepal, ADB will support the government’s development objective of accelerated, sustainable, inclusive economic growth.

Fast Facts

26.85 (2012)
Population in millions

1.4% (2010-2012)
Annual population growth rate

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

ADB Lending

Amount ($M) / %
Sector (No. of loans)
788.89 / 27.90
Agriculture (48)
 
185.40 / 6.56
Education (11)
 
521.90 / 18.46
Energy (15)
 
214.10 / 7.57
Finance (9)
 
142.23 / 5.03
Industry and Trade (9)
 
65.00 / 2.30
Public Sector (2)
 
407.36 / 14.41
Transport and ICT (18)
 
489.80 / 17.32
Water Supply (15)
 
12.75 / 0.45
Multisector (1)
 
2,827.43 / 100.00
TOTAL (128)
Cumulative as of 31 December 2012