ADB Launches New 5-Year Strategy for Economic Transformation in Nepal
Nepal, June 17 -- The Asian Development Bank (ADB) unveiled its new Country Partnership Strategy (CPS) for Nepal for 2025-2029, setting a comprehensive agenda to support the country's inclusive, resilient, green, and employment-intensive economic growth.The strategy focuses on three strategic priorities: private sector-led, employment-intensive, green economic transformation; inclusive and quality human capital development and public services; and environmental sustainability and climate resilience. The CPS is aligned with Nepal's 16th Five-Year Plan, which seeks to promote good governance, social justice, and shared prosperity, and the government's Green, Resilient, and Inclusive Development (GRID) approach, which focuses on integrating en...
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