World Bank Nepal Partnership Framework: Sustainable Growth & Job Creation 2025-2031
13th June 2025, Kathmandu
The World Bank Group has officially launched its new Country Partnership Framework (CPF) for Nepal, covering the fiscal years 2025 to 2031.
World Bank Nepal Partnership Framework
This partnership builds on six decades of collaboration between Nepal and the World Bank. The new framework sets ambitious goals to support Nepal’s sustainable growth, job creation, and climate resilience.
Government officials, development partners, and other stakeholders joined the launch event. They expressed strong commitment to working with the World Bank in the coming years. The framework focuses on three main outcomes: more and better jobs, connected communities, and a green planet with resilient populations.
More And Better Jobs
The new CPF highlights the importance of creating jobs for Nepal’s growing workforce. The World Bank plans to support private sector development. It aims to create a favorable business environment that encourages investments. Special attention will go to sectors like tourism, which have high potential for job creation.
In addition, the CPF focuses on improving education and skills training. By aligning skills development with labor market needs, Nepal can enhance employability and productivity. The framework also supports urban centers as engines of economic growth. This approach seeks to generate jobs and reduce poverty in cities and surrounding areas.
With these efforts, the World Bank hopes to help Nepal move towards inclusive and sustainable economic growth. Job creation will remain a top priority during the next six years.
Connected Communities
Connectivity plays a key role in Nepal’s development. The CPF recognizes this and aims to improve infrastructure and services. The World Bank will invest in roads, bridges, and public transportation to link people and markets more effectively.
Energy access and reliability also receive focus. Expanding power supply will support households and businesses alike. Moreover, the framework emphasizes digital connectivity. It aims to expand internet access and digital services, especially in remote areas.
Better connectivity will not only boost economic activities but also increase resilience. Connected communities can better respond to shocks and improve access to healthcare, education, and government services.
Green Planet And Resilient Populations
Nepal faces many environmental challenges. The country is highly vulnerable to natural disasters such as floods, landslides, and earthquakes. Climate change worsens these risks. The World Bank’s CPF addresses these threats with a focus on resilience and sustainability.
The framework supports strengthening institutions for disaster preparedness. It promotes risk reduction measures and community-level resilience programs. The World Bank will help Nepal develop early warning systems and improve land and resource management.
These actions aim to protect vulnerable populations and ecosystems. They also contribute to Nepal’s long-term environmental sustainability. Building a green planet and resilient communities is crucial for the country’s future.
Strengthening Institutions And Mobilizing Private Investment
The CPF stresses the importance of strong public institutions. Good governance, transparency, and accountability will improve service delivery. The World Bank plans to work closely with government bodies at federal and local levels. Institutional reforms will help ensure that programs are effective and sustainable.
Furthermore, the framework encourages mobilizing private sector investments. The World Bank aims to attract private capital through innovative financing. Public-private partnerships will play a bigger role in development projects. By involving private investors, Nepal can scale up infrastructure and social services more rapidly.
Together, these efforts will strengthen Nepal’s economic foundation and accelerate development.
A Unified World Bank Group Approach
The World Bank Group operates as one entity in Nepal, coordinating activities across its institutions. This includes IBRD, IDA, IFC, and MIGA. By working as one team, the World Bank ensures better program alignment and greater impact.
This unified approach allows the World Bank to provide technical expertise, financial support, and risk management solutions. It will support Nepal’s priorities in health, education, infrastructure, and climate action.
Long-Term Commitment To Nepal’s Progress
The launch of the new Country Partnership Framework signals the World Bank’s ongoing commitment to Nepal’s development. The framework will guide investments and partnerships until 2031.
World Bank officials expressed optimism about Nepal’s future. They highlighted the country’s strong growth potential and resilience. With strategic support, Nepal can overcome challenges and achieve its development goals.
Nepal’s government welcomed the framework and vowed to work closely with the World Bank. Together, they will strive to build a prosperous, inclusive, and sustainable Nepal.
Conclusion
The World Bank Group’s new partnership framework offers a roadmap for Nepal’s growth over the next six years. It focuses on job creation, improved connectivity, environmental resilience, and stronger institutions. These priorities align with Nepal’s long-term vision for progress and prosperity.
Through collaboration and investment, the World Bank and Nepal aim to create positive change that benefits all citizens. This new era of partnership holds promise for a brighter future.
For more: World Bank Nepal Partnership Framework
