Nepal and ADB
In the Spotlight
Preparing Nepal's youth with appropriate education and skills to meet emerging demands through partnership approaches will be crucial. Education and training will play a major role in promoting inclusive and sustainable growth.
Scholarships and better facilities are helping ensure that all boys and girls across Nepal have the chance to go to school and get the foundation for better jobs after graduation.
The catastrophic 7.8 magnitude earthquake that struck Nepal on 25 April added a new challenge to the country’s short-to-medium term economic and development prospects.
ADB supports Nepal's objectives of accelerating inclusive economic growth and development. Over the years, it has provided assistance in such sectors as agriculture, transport and ICT, energy, water and sanitation, urban development, education, finance, and governance.
Despite recent conflict and complex political transition, Nepal has made economic and social progress. Literacy rates are up, while poverty rates are sharply down. Gender equality and social inclusion are gaining momentum. Road access to isolated rural communities has improved, with trade and transport networks expanding.
While Nepal will likely meet a majority of the Millennium Development Goals by 2015, accelerating growth and reducing disparities remain challenging. Investment in infrastructure, particularly in the energy sector, is critical to improving quality of life and stimulating private investment.
ADB's country partnership strategy for 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.
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