Nepal Programmatic Fiscal Policy for Growth, Recovery and Resilience DPC

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The development objectives of the First Programmatic Fiscal Policy for Growth Recovery and Resilience Development Policy Credit in Nepal are to: (i) strengthen the regulatory and institutional framework to build back better and greener; and (ii) enhance systems and regulations to protect the most vulnerable and support sustainable business growth. The operation will support the Government of Nepal’s Relief, Restructuring, and Resilience plan to address the economic and social impacts of the COVID-19 pandemic. Supported reforms are structured around two pillars. The first pillar focuses on strengthening the regulatory and institutional framework to build back better and greener. The second pillar supports reforms to enhance systems and regulations to protect the most vulnerable and support sustainable business growth.