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Second Fiscal Policy for Growth, Recovery and Resilience Development Policy Credit

Abstract*

The development objectives of the Second Fiscal Policy for Growth, Recovery, and Resilience for 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. This operation supports fiscal and growth focused reforms that underpin the Government of Nepal (GoN’s) transition to green, resilient...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The program's development objectives 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.

Key Details

Project Details

  • P176498

  • Active

  • Sibel Kulaksiz , Alice Brooks, Nayan Joshi

  • Nepal

  • Nepal

  • March 1, 2022

  • (as of board presentation)

    February 29, 2024

  • June 10, 2024

  • US$ 0.00 million

  • Ministry of Finance

  • South Asia

  • 2024

  • US$ 100.00 million

  • N/A

  • March 3, 2024

  • February 28, 2025

  • BANK APPROVED

  • P173982

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 100.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 100.00
IBRD + IDA Commitment 100.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jun 21, 2024 IDA-75120 Loan Disb 98,095,272.00
Feb 29, 2024 IDA-75120 Loan Commitment 100,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.