Supporting School Sector Development Plan (ADB-49424-001)

Countries
  • Nepal
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Nov 2, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Nepal
The holder of the loan, grant, or other investment.
Sectors
  • Education and Health
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 120.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Nov 26, 2018

Disclosed by Bank Sep 26, 2016


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Project Description

The program will support the School Sector Development Plan (SSDP), which is the government's major education initiative for FY2017 -FY2023. The Asian Development Bank (ADB) and eight other joint financing partners (JFPs) will finance the program with the government during FY2017- FY2021 through a sector-wide approach.

 

Investment Description
  • Asian Development Bank (ADB)
  • World Bank (WB)

Grant: Supporting School Sector Development Plan
European Union US$ 63.10 million

United Nations Children's Fund US$ 2.50 million

Global Partnership for Education Fund US$ 26.60 million

Government of Finland US$ 22.34 million

Government of Norway US$ 39.46 million

Government of Australia US$ 9.00 million

Japan International Cooperation Agency US$ 3.00 million

Loan 3452-NEP: Supporting School Sector Development Plan
Concessional ordinary capital resources / Asian Development Fund US$ 120.00 million

Loan: Supporting School Sector Development Plan
World Bank US$ 150.00 million

TA 9215-NEP: Supporting Policies and Implementation in the School Sector
Technical Assistance Special Fund US$ 500,000.00

Contact Information

Responsible ADB Officer Jagannathan, Shanti
Responsible ADB Department South Asia Department
Responsible ADB Division Human and Social Development Division, SARD
Executing Agencies
Ministry of Education
Sano Thimi
Kathmandu, Nepal

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main