Development Effectiveness Brief Nepal: Addressing the Root Causes of Conflict

Abstract

ADB assistance to Nepal is strongly focused on reducing poverty by promoting broadbased economic growth, inclusive social development, good governance and capacity building, and environmental sustainability. ADB follows innovative and flexible approaches to foster social inclusion and delivery of development results in an environment marked by security concerns and political uncertainty. Nepal became a founding member of ADB in 1966 and is currently the fifth largest recipient of assistance from the Asian Development Fund (ADF). ADB has provided a total of $2.97 billion in loans and grants to Nepal comprising of $2.42 billion of ADF loans and ADF investment grants worth $495.6 million by the end of 2009. Nepal also received technical assistance grants of $137.9 million