Nepal and ADB
In the Spotlight
The greatest dream for those caught in the poverty trap is to get a decent job. An inspiring project in Nepal is giving marginalized people the skills to do just that. Read this and more stories from Together We Deliver 2015, a publication highlighting successful projects that demonstrate development impact, best practices, and innovation across Asia and the Pacific.
Historically, South Asia and Southeast Asia were isolated from one another, but increasingly leaders and business operators in both regions are seeing the benefit of greater connections, according to the ADB report, Connecting Asia: Infrastructure for Integrating South and Southeast Asia.
Three remote villages in Nepal’s Okhaldhunga and Khotang districts have just been switched on to round-the-clock power from nearby solar micro-grids that will save money, avoid carbon emissions, and provide the communities with fresh economic opportunities.
Improving basic services in Nepal's small towns is helping women build healthier households, gain skills, and play a more influential role in their families' lives.
Nepal has made notable socioeconomic progress in recent years. Literacy rates have increased, poverty rates have declined, gender disparities have narrowed, and social inclusion has improved. Nepal now strives to achieve the Sustainable Development Goals and to graduate from least-developed country status.
The new constitution, proclaimed in September 2015, has paved the way for lasting peace and stability, with rapid and inclusive economic growth. However, challenges remain in implementing the provisions in the new constitution. Nepal also faces the challenges of recovering from the devastating earthquakes of 2015, which pushed about 3% of the population below the poverty line.
ADB's country partnership strategy for 2013-2017 supports the government's development objective of accelerated, sustainable, and inclusive economic growth.
View the ADB and Nepal fact sheet.
- Macroeconomic Update: Nepal
Published twice a year, it reviews and analyzes Nepal's real, fiscal, monetary, and external sectors
Projects in Nepal
- Strengthening Higher Engineering Education
- Disaster Risk Reduction and Livelihood Restoration for Earthquake-Affected Communities
- Earthquake Emergency Assistance Project
- Kathmandu Valley Water Supply Improvement Project - Additional Financing
- Third Small Towns Water Supply and Sanitation Sector Project