Nepal Investment Climate Reform Program - Public Private Dialogue

active

The project establishes a public-private dialogue (PPD) to bridge the gap in trust between the public and private sectors in Nepal. Specifically, it creates the institutional platform necessary for results-oriented policy dialogue. Objectives include: 1) a new PPD mechanism for investment climate reforms; 2) four recommended laws, regulations, amendments, or codes enacted by the end of 2012; 3) 50 processes, procedures, or practices improved or eliminated (out of 200 recommendations proposed by the PPD) by the end of 2012; 4) enactment rate of proposed reforms improved by 10 percent per year for two years; 5) measurable improvement of Nepal's reform process and organizational effectiveness; 6) $5 million in private sector cost savings generated through 15 implemented investment climate reforms by the end of 2012, and $10 million in cumulative savings by the end of 2014; 7) improved perception of importance and support of business reforms among relevant stakeholders; and 8) increased coverage of Nepal Business Forum’s operating costs by business membership organizations and the government, to make NBF more sustainable.