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Finance for Growth Development Policy Financing - P173044

Last update: Sep 21, 2020 Last update: Sep 21, 2020

Details

Location:Nepal
Nepal
Category:Goods, Works, Consulting services, Non-consulting services
Status:Approval
Sectors:Financial Services & Audit
Contracting authority: Ministry of Finance of Nepal
Funding Agency:
Contracting authority type:Government / Public Sector
Eligibility:Organisation & Individual
Budget: USD 200,000,000
Date posted: May 28, 2020

Attachments 2

Associated Awards

Project cycle timeline

STAGES
EARLY INTELLIGENCE
PROCUREMENT
IMPLEMENTATION
Cancelled
Status
Programming
Formulation
Approval
Forecast
Open
Closed
Shortlisted
Awarded
Evaluation

Description

Author: Mousley, Peter J.; Document Date: 2020/05/27 06:41:15 Document Type: Program Information Document; Report Number: PIDA28901 Volume No: 1 Total Volume(s): 1 Country: Nepal;  Region: South Asia;  Disclosure Date: 2020/05/27 06:41:16 Disclosur
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tender Background

About the Funding Agency

The World Bank (USA) is part of an international financial agency that makes loans and grants to governments in low- and middle-income countries to fund capital projects. The United States was a driving force behind the founding of the World Bank in 1944 and it is still the World Bank's largest shareholder today.

The United States contributes to tackling critical international development concerns through the World Bank Group and has a long history of generously supporting the objectives of the World Bank Group and has been a champion of the International Development Association (IDA) which provides low-interest loans and grants to the world's poorest countries. The key U.S. priorities at the World Bank include a multilateral health and economic response to COVID-19, debt sustainability and transparency, promoting governance and fighting corruption, ending energy poverty and supporting a strong emphasis on accountability, transparency and development impact.

About the Sectors

Financial Services & Audit

Covers financial, banking, insurance, investment, and audit services related to the management, transfer, and oversight of financial resources.


Key areas:
  • Financial services, banking, and insurance
  • Accounting, auditing, and financial reporting
  • Investment, capital markets, and financial inclusion

Locations

Nepal

Nepal prioritizes hydropower generation, road connectivity, and airport modernization to support economic growth and regional trade integration. Infrastructure investment aims to improve energy exports, tourism, and cross-border connectivity with India and China. Financing largely depends on public budgets, concessional loans, and multilateral development assistance. Geographic challenges, disaster vulnerability, and institutional capacity constraints affect project implementation.

Nr. of tenders: 19707
Nr. of grants: 3058
Nr. of donors: 522
Nr. of jobs: 63
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