Kathmandu, June 18 -- The Asian Development Bank (ADB) on Tuesday announced its new Country Partnership Strategy (CPS) for Nepal covering 2025-2029, setting the framework for $2.3 billion in concessional support focused on green, inclusive, and employment-intensive growth.

The strategy centres on three priorities: private sector-led green economic transformation, inclusive and high-quality public services and human capital, and improved climate resilience and environmental sustainability.

"As Nepal prepares to graduate from [the] least developed country status, this strategy supports its shift toward a more resilient and inclusive economic model," said Arnaud Cauchois, ADB's Country Director for Nepal.

"It emphasises domestic and forei...