Nepal and ADB

In the Spotlight

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.

Economic Update