Nepal: Strengthening Capacity for Macroeconomic Analysis

Sovereign Project | 41126-012 Status: Closed

Summary

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Project Name Strengthening Capacity for Macroeconomic Analysis
Project Number 41126-012
Country Nepal
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 7165-NEP: Strengthening Capacity for Macroeconomic Analysis
Technical Assistance Special Fund US$ 675,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Sector / Subsector

Public sector management - Economic affairs management

Gender Equity and Mainstreaming No gender elements
Description
Project Rationale and Linkage to Country/Regional Strategy
Impact

Project Outcome

Description of Outcome
Progress Toward Outcome

While the legal and institutional reforms are still underway, the system of compiling QNA data has been streamlined.

NMEM is institutionalized and the DSGE model finalized.

Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)

- Draft Statiscal Act being submitted to the Cabinet.

- Quarterly GDP estimates for all sectors completed.

- User manual to undertake the quantitative macroeconomic analysis and forecasting prepared.

- DSGE model finalized and submitted to NRB.

- Upgradation of the NMEM completed.

Geographical Location Kathmandu

Summary of Environmental and Social Aspects

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design The project was included in the country program on the request of the Government (mainly Central Bureau of Statistics and Nepal Rastra Bank). The TA was prepared in full consultation with the Government agencies.
During Project Implementation Ongoing.

Business Opportunities

Consulting Services

Individual Consultants will be recruited under the TA.

Component A: Developing a System of Quarterly National Accounts

National Accounts Expert (International, 4 person-months)

National Accounts Expert (National, 5 person-months)

Agriculture Statistician (National, 4 person-months)

Component B: Macroeconomic Modeling

Macroeconomic Modeling Specialist (International, 6 person-months)

Macroeconomic Modeling Specialist (National, 5 person-months)

Econometrician (National, 5 person-months)

Information Technology Specialist (Nationial, 2 person-months)

Responsible Staff

Responsible ADB Officer Raju Tuladhar
Responsible ADB Department South Asia Department
Responsible ADB Division Nepal Resident Mission
Executing Agencies
Nepal Rastra Bank
Ram Sharan Kharel,
ram.kharel@gmail.com
Kathmandu
Central Bureau of Statistics
Uttam Narayan Malla
uttammalla@cbs.gov.np
Kathmandu

Timetable

Concept Clearance 14 May 2008
Fact Finding 07 Jul 2008 to 25 Jul 2008
MRM -
Approval -
Last Review Mission -
PDS Creation Date 23 May 2008
Last PDS Update 28 Sep 2012

TA 7165-NEP

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
04 Nov 2008 26 Nov 2008 26 Nov 2008 31 Oct 2010 31 Aug 2011 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
675,000.00 0.00 150,000.00 0.00 0.00 0.00 825,000.00 04 Nov 2008 520,131.03

Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.

Evaluation Documents See also: Independent Evaluation

None currently available.

Related Publications

None currently available.


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