ADB and World Bank – Development Financing in Nepal
- Title
- ADB and World Bank – Development Financing in Nepal
- Details
Nepal receives substantial concessional development financing, grants, and technical assistance from multilateral institutions to fund infrastructure and social sectors.
Asian Development Bank (ADB)
- Focus: Infrastructure development (energy, transport, water supply, urban services), education, and agricultural development.
- Financing: Provides concessional loans and grants primarily through the Asian Development Fund (ADF).
- Key Projects: Melamchi Water Supply Project, Gautam Buddha International Airport, and major highway expansions.
World Bank Group (IDA)
- Financing: Nepal accesses highly concessional, low-interest or interest-free credits and grants through the International Development Association (IDA).
- Focus: Social sectors (health, education), financial sector reforms, disaster risk management, climate resilience, and sustainable hydropower.
- Partnership: Operates under the Country Partnership Framework (CPF) aligning with Nepal's federalization and green growth goals.
- Category
- Financial Institution
- Fiscal Year
- 2082
- Key Figure/Rate
- Multilateral Concessional Financing (ADB & IDA)