Nepal and ADB
In the Spotlight
In Nepal, a network of service centers is helping women feel more comfortable reporting gender-based crime and domestic violence.
Nepal’s economy is anticipated to grow at 6.2% in fiscal year (FY) 2019 and 6.3% in FY2020, says the latest ADB Nepal Macroeconomic Update.
ADB has strongly supported inclusive growth in Nepal, helping to reduce poverty, decrease gender and social disparities, build infrastructure, develop human capital, transform agriculture, and mitigate climate change effects.
Women, the poor, and different excluded groups face various structural barriers preventing them from benefiting fully from Nepal’s energy sector, according to a new ADB report.
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.
ADB's country partnership strategy for 2013–2017 supports the government's development objective of accelerated, sustainable, and inclusive economic growth.
Nepal is a member of the South Asia Subregional Economic Cooperation (SASEC) program.
Projects in Nepal
- Deploying Solar Systems at Scale
- Upper Trishuli-1 Hydropower Project
- Developing Anti-Money Laundering and Combating the Financing of Terrorism Approaches, Methodologies, and Controls (Subproject B)
- Sustaining Climate and Disaster Risk Resilient and Low Carbon Development in South Asia
- Strengthening Financial Management in Asia and the Pacific, Phase 2