This project supports reforms in advancing Nepal’s federalism agenda, under two pillars.
Nepal is the 19th largest receiver of remittance around the world and fourth largest in South Asia, with Nepali migrant workers sending home $ 8.1 billion, according to Migration and
The World Bank Wednesday signaled strong support for Nepal’s ambitious transition to federalism when its Board of Executive Directors approved a $200 million credit to improve public financial management.
The World Bank has agreed to provide 440 million US dollars concessional loan assistance for the implementation of three projects in the country.