英文_世界银行_尼泊尔-2025-2031财政年度国家伙伴关系框架_112页_1mb

Introduction and Context

• Poverty reduction in Nepal has slowed due to reliance on remittances, with limited domestic job creation and growth.
• The World Bank Group (WBG) partners with the Asian Development Bank (ADB) to address key challenges like job creation, connectivity, and climate resilience.
• Nepal’s economy faces structural issues, including weak public institutions, limited private sector growth, and high vulnerability to natural disasters.

Country Partnership Framework (CPF) Objectives

• Principles:

  1. Exclusive Focus: Prioritized two main challenges: job-creating growth and resilience to natural disasters.
  2. Balancing Ambition: Prioritized short-term results by combining high-risk/high-reward projects with simpler, upcoming revenue.

• Outcomes:

  1. More and Better Jobs: Includes increasing employment, private investment, education quality, and financial inclusion.
  2. Connected Communities: Focuses on infrastructure improvements (roads, electricity, digital connectivity).
  3. Green Planet and Resilient Populations: Strengthened disaster preparedness, climate adaptation, and sustainable resource use.

Implementation and Financing

• CPF Duration: 2025–31, spanning economic transitions and coordinating with government agencies.
• Key Initiatives:
  • Resilient infrastructure (transport, energy, digital connectivity).
  • Strengthening public institutions for effective service delivery.
  • Scaling up productive private sector investment, especially through guarantees.
• IDA and IFC Resources: Currently allocated around US$2 billion in IDA resources, with IFC investing in sustainable agriculture, tourism, and health sectors.

Managing Risks

• Overall Risk: Substantial, rated across political/governance, macroeconomic, institutional capacity, and fiduciary/ES&social areas.
• Mitigation:
  • Enhancing fiscal federalism coordination.
  • Improving procurement and financial management systems to ensure efficiency.
  • Growing private investment through guarantees and de-risking instruments.

Analysis and Lessons Learned

The CPF design balances long-term institutional strengthening with short-term outcomes, addressing Nepal’s demographic and economic transitions. Key risks revolve around implementation capacity, political instability, and climate events. Future engagements should prioritize project readiness, private sector partnerships, and collaborative federal reform to achieve more inclusive and sustainable growth.

Conclusion

The CPF framework presents an opportunity to leverage Nepal’s evolving federal structure and private sector potential to create jobs and improve connectivity while building resilience to climate and economic shocks. Collaboration between multilateral institutions and government stakeholders remains essential for impactful outcomes.