According to the bank document, the project will support the Government of Nepal’s financial sector medium-term reform program to reduce the vulnerability of the banking sector and increase its transparency. It would build on the gains already realized through the past policy credits and focuses more on the implementation of the key reforms through a strengthened legal and regulatory framework.
ACCOUNTABILITY MECHANISM OF WORLD BANK
The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing email@example.com. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx .