Kathmandu, June 13 -- The World Bank Group on Friday launched a new Country Partnership Framework (CPF) for Nepal for the fiscal years 2025-2031, outlining its strategic engagement to support the country's development goals and improve the lives of Nepalis.

The seven-year framework, unveiled during an event in Kathmandu on Friday, sets out a comprehensive plan for the World Bank Group's operations in Nepal. It focuses on three core outcomes aligned with the group's corporate scorecard: generating more and better jobs, fostering connected communities, and promoting a green and resilient population.

According to the CPF, the World Bank Group plans to provide around $2.7 billion over the CPF period. This funding will be delivered through a...