Nepal and ADB
In the Spotlight
The pace of growth of Nepal’s economy will slow down to 4.7% in fiscal year (FY) 2018, compared to 6.9% seen in FY2017, according to the Nepal Macroeconomic Update 2017.
Nepal has faced major setbacks in recent decades, but the country has made steady progress. Its partnership with ADB has remained strong, and helped it respond to new shocks.
More than 150 retrofitted school buildings withstood the earthquake that rocked Nepal in 2015. Now hundreds more schools are being upgraded to keep students and communities safe.
More than 400,000 people in Asia and the Pacific have benefited from vocational training since 2010 thanks to ADB.
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.
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
- Regional Urban Development Project
- South Asia Subregional Economic Cooperation Customs Reform and Modernization for Trade Facilitation
- South Asia Subregional Economic Cooperation Customs Reform and Modernization for Trade Facilitation Program
- Bagmati River Basin Improvement Project - Additional Financing
- Power Transmission and Distribution Efficiency Enhancement Project