Contribution of World Bank in Nepal
#3What is the contributions of World Bank in your country.
World Bank group was founded in Nepal in the year 1962 with the mission of freeing the Nepalese economy from poverty. The World Bank Group has been a development partner in Nepal for almost five decades, providing financing, technical assistance and advice. Over the years, the Bank’s support has evolved in focus and form to meet the changing needs of Nepal. But this partnership has always maintained a primary purpose: the reduction of poverty to raise the living standards of the Nepali people.
World Bank is helping Nepal in sectors like education, health, sanitation, water, energy, financial assistance, transport, agriculture and irrigation and so on. Some of the active projects of World Bank Group in Nepal are as follow:
School Sector Reform Program Additional Financing: The development objective of the Additional Financing for School Sector Reform Program Project for Nepal is to increase access to and improve quality of school education, particularly basic education (grades 1-8), especially for children from marginalized groups. The additional financing will support the Government of Nepal (GON) in the implementation of the 7-year School Sector Reform Program (SSRP) through the three original components. The additional financing will introduce: (i) Incentive Linked Indicators (ILIs) for program financing, as a topping-up fund to enhance service delivery and key quality, governance and accountability outcomes; (ii) changes to the results framework for further clarity and to include additional indicator related to access of disadvantaged students, governance and accountability; and (iii) extend the closing date by 19 months in order to fully implement the additional financing.
Additional Financing for the Project for Agriculture Commercialization and Trade: The development objective of the Additional Financing for the Agricultural Commercialization and Trade Project for Nepal is to improve the
World Bank group was founded in Nepal in the year 1962 with the mission of freeing the Nepalese economy from poverty. The World Bank Group has been a development partner in Nepal for almost five decades, providing financing, technical assistance and advice. Over the years, the Bank’s support has evolved in focus and form to meet the changing needs of Nepal. But this partnership has always maintained a primary purpose: the reduction of poverty to raise the living standards of the Nepali people.
World Bank is helping Nepal in sectors like education, health, sanitation, water, energy, financial assistance, transport, agriculture and irrigation and so on. Some of the active projects of World Bank Group in Nepal are as follow:
School Sector Reform Program Additional Financing: The development objective of the Additional Financing for School Sector Reform Program Project for Nepal is to increase access to and improve quality of school education, particularly basic education (grades 1-8), especially for children from marginalized groups. The additional financing will support the Government of Nepal (GON) in the implementation of the 7-year School Sector Reform Program (SSRP) through the three original components. The additional financing will introduce: (i) Incentive Linked Indicators (ILIs) for program financing, as a topping-up fund to enhance service delivery and key quality, governance and accountability outcomes; (ii) changes to the results framework for further clarity and to include additional indicator related to access of disadvantaged students, governance and accountability; and (iii) extend the closing date by 19 months in order to fully implement the additional financing.
Additional Financing for the Project for Agriculture Commercialization and Trade: The development objective of the Additional Financing for the Agricultural Commercialization and Trade Project for Nepal is to improve the
Bibliography: 1. http://www.worldbank.org/en/country/nepal/projects/all 2. https://www.facebook.com/WorldBankNepal?fref=ts