Nepal

EDITORIAL: Sparing the rod

Poverty reduction is a major global challenge. And Nepal is no exception. Achieving Sustainable Development Goals will remain a pipedream unless …

by · Wednesday, 7 November 2018 · Nepal

Nepal’s fake poor

The program uses 18 indicies like household fuel, access to education and social status to determine those who live below the poverty line. The pilot …

by · Monday, 22 October 2018 · Nepal
Addressing gender-based violence in Nepal

Addressing gender-based violence in Nepal

Nepal has a high incidence of gender-based violence and women remain — by large — the main victims. Credit: David Waldorf
Last month, I visited Nepal to understand the gravity of gender-based violence (GBV) and how victims can seek help and access con…

by · Friday, 14 September 2018 · Nepal
Addressing gender-based violence in Nepal

Addressing gender-based violence in Nepal

Nepal has a high incidence of gender-based violence and women remain — by large — the main victims. Credit: David Waldorf
Last month, I visited Nepal to understand the gravity of gender-based violence (GBV) and how victims can seek help and access con…

by · Friday, 14 September 2018 · Nepal
Announcing the winners of the 2018 #OneSouthAsia Photo Contest

Announcing the winners of the 2018 #OneSouthAsia Photo Contest

Home to Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, South Asia is one of the world’s most dynamic regions.
It’s also one of the least integrated.
A few numbers say it all: Intra-regional trade accounts for only 5 …

Poverty will end in five years’

Kathmandu, September 8. Prime Minister KP Sharma Oli today said that poverty would be eradicated in next five years.

by · Sunday, 9 September 2018 · Nepal

21 per cent of people are still living below the poverty line

Kavre, September 1. Minister of Communications and Information Technology Gokul Baskota today said that the country was moving towards …

by · Sunday, 2 September 2018 · Nepal
Pulling out all stops: World Bank in Nepal

Pulling out all stops: World Bank in Nepal

Few countries in recent history have experienced change on a scale as sweeping as Nepal – that too, in the span of a single generation. The journey is ongoing as Nepalis continue to confront and challenge the conventional wisdom about Nepali statehood and chart a path towards a more inclusive, equitable and modern nation-state.

The new federal structure also redefines the World Bank Group (WBG)’s engagement with Nepal. This week, as the WBG’s Board of Executive Directors endorsed a new five-year Country Partnership Framework (CPF), Nepal’s Finance Minister Yuba Raj Khatiwada attended a series of Nepal Day events at the WBG headquarters in Washington DC. There, he unfurled the new government’s vision and development priorities and discussed approaches to address Nepal’s financing and knowledge needs in the WBG’s upcoming programme of assistance.


Finance Minister Yuba Raj Khatiwada’s Vision for Nepal’s Future


The CPF is designed to balance support to Nepal’s transition to federalism with its quest for higher growth, sustained poverty reduction and inclusive development. To that end, our strategy and approach seeks to support the authorities and engage with development partners in three transformative engagement areas: (i) public institutions for economic management, service delivery and public investment; (ii) private sector-led jobs and growth; and (iii) inclusion for the poor, vulnerable, and marginalised groups, with greater resilience against climate change, natural disasters, and other exogenous shocks. These focus areas were informed by extensive consultations and surveys across the country’s seven states with over 200,000 citizens, government, civil society organisations, the private sector, media and development partners.

In many respects, Nepal is starting from a clean state. While Nepal did practise a limited version of decentralisation in the early 2000s, the scope of devolution proposed by the 2015 Constitution is unprecedented.  Meanwhile, reforms promise to rid the country of a legacy of exclusion based on geography, ethnicity and gender.

Over the last decade, Nepal experienced frequent government turnover and political fragmentation with a considerable toll on development.  The 2017 elections mark a significant turning point, in that they offer higher hopes for political stability and policy predictability that remained elusive during most of Nepal’s recent past. This is a considerable achievement.


Interview with World Bank Country Director for Nepal, Qimiao Fan


Nepal has achieved a remarkable reduction in poverty in the last three decades, but the agenda remains unfinished. While the national poverty estimates await updating starting next year, at last count, poverty fell from 46 per cent in 1996 to 15 per cent in 2011 as measured by the international extreme poverty line. However, most of the poverty reduction resulted from the massive outmigration of labour, and a record increase in private remittances. Moreover, a significant disparity remains in poverty incidence across the country.

Compared to the average 4.5 per cent of GDP growth over the last decade, Nepal needs to achieve faster growth to meet its coveted goal of attaining middle-income status by 2030. Nepal needs to grow in the order of at least 7 to 8 per cent and shift from remittance-led consumption to productive investment. The economy also remains exposed to exogenous shocks like earthquakes, floods and trade disruptions. These long-standing economic vulnerabilities will require far-reaching but carefully-calibrated reforms.

Nepal now faces the daunting task of adapting to a three-tier structure in the face of nascent and often-nonexistent institutions at the sub-national levels. Immediate challenges include the need to clarify the functions and accountabilities of the federal, state and local governments; deliver basic services and maintain infrastructure development; enable the private sector; and ensure strong and transparent governance during the early years of federalism. Meanwhile, if left unmet or unmanaged, heightened public expectations of federalism could rapidly degenerate from anticipation to disillusionment.
 


Short Take: Nepal Country Partnership Framework (FY2019-23)

by · Tuesday, 28 August 2018 · Nepal

Finance Minister hopes to end poverty in Nepal within five years

Kathmandu, August 17. Finance Minister Yubaraj Khatiwada says Nepal will end poverty within next five years. Speaking at a meeting of Parliament’s …

by · Friday, 17 August 2018 · Nepal

Newspaper sanitary pad wakes Britain up to ‘period poverty

LONDON: A British maker of sanitary products has placed adverts in newspapers featuring a cut-out pad to raise awareness of “period poverty” in a …

by · Wednesday, 15 August 2018 · Nepal