Asian Development Bank and Nepal: Fact Sheet
Updated yearly, this ADB Fact Sheet provides social and economic indicators on Nepal as well as concise information on ADB's operations in the country and contact information.
ADB has been working as a key development partner with the Government of Nepal since it joined as a founding member in 1966. As of 31 December 2013, ADB provided Nepal with 128 sovereign Asian Development Fund (ADF) loans ($3.11 billion), 5 nonsovereign loans ($49.55 million), and 34 ADF grants ($823.75 million), totaling $3.98 billion. ADB has also provided technical assistance totaling $180.3 million. Nepal is an ADB Group A developing member country, making it eligible for concessional ADF loans and grants.
Nepal has made notable socioeconomic progress over the years, particularly in the area of poverty incidence, and meeting a majority of the Millennium Development Goals, which are likely to be met by 2015.