The World Bank Group has launched a new 7-year Country Partnership Framework (CPF) for Nepal, committing $2.7 billion in funding aimed at accelerating economic growth and improving the lives of the Nepali people.
The strategic framework is designed around three key pillars:
- Creating more and better jobs to improve livelihoods,
- Strengthening connectivity and access to essential services to promote inclusive development, and
- Enhancing resilience to natural disasters for a safer and more sustainable future.
The CPF also emphasizes advancing critical policy reforms in sectors such as tourism, digital connectivity, and integrated urban development, recognizing these areas as key drivers of economic growth and employment opportunities.
Importantly, the new CPF is closely aligned with Nepal’s 16th National Development Plan, ensuring that the framework supports the government’s long-term development vision and contributes to greater economic resilience.
