Nepal and ADB

The regional cooperation operations business plan (RCOBP), 2016–2018 of the Asian Development Bank (ADB) updates the RCOBP, 2015–2017. The proposed regional operations for 2016-2018 are consistent with the priorities of the regional cooperation strategy (RCS), 2011-2015. Thus, while the new RCOBP falls outside the time frame of the RCS 2011-2015, it is the fifth RCOBP in support of the current RCS.

The 2016–2018 country operations business plan (COBP) maintains the strategic thrust of the country partnership strategy (CPS), 2013–2017 of the Asian Development Bank (ADB) for Nepal, which focuses on infrastructure and human capital development to help attain high, employment-oriented, and sustainable growth. It applies sector selectivity and focus, with fewer but larger projects. 

This edition of Macroeconomic Update forecasts FY2016 GDP growth and inflation to be at 4.5-5.5% and 8.5%-9.5%, respectively for Nepal. It includes a section on accelerating post-eartquake reconstrution for faster recovery.

This edition of Macroeconomic Update forecasts FY2015 GDP growth to be between 4.0% and 5.0%, and inflation to be between 7.0% and 8.0% for Nepal. It includes a section on the importance of quarterly GDP data for policy makers.

This Country Environment Note summarizes the state of environment of Nepal and brings together information on environment, climate change, and disaster risks.

The regional cooperation operations business plan (RCOBP), 2015-2017 for South Asia updates the RCOBP, 2014-2016 and is the fourth RCOBP under the regional cooperation strategy (RCS), 2011-2015.

The proposed regional operations for 2015–2017 are consistent with the priorities of the RCS. In 2015–2017, operations will continue to focus on (i) improving regional connectivity, (ii) boosting cross-border trade, and (iii) strengthening regional energy cooperation.

ADB's 2015-2017 country operations business plan (COBP) for Nepal is prepared in the framework of the country partnership strategy (CPS), 2013-2017. 

Master Agreements for Project Design Advance Loans between a Borrower and ADB establish the general terms and conditions for prospective lending operations through a project design advance under ADB's Project Design Facility.

As a result of the bumper agricultural harvest, moderate recovery in construction, and robust services activities backed by high remittance income, GDP for Nepal grew by an estimated 5.2% in FY2014, up from 3.5% in FY2013.

This publication summarizes the key discussions during the consultations on ADB's Nepal Country Partnership Strategy, 2013-2017.