CDP Monitoring Reports - Nepal

The CDP found that, despite fast growth in recent years, Nepal’s GNI per capita is still below the graduation threshold. The income growth was also hampered by the COVID-19 pandemic, especially due to the large impacts on the tourism sector. Government expenditure for public health and welfare increased, but protection for vulnerable people during COVID-19 pandemic appears to be limited. The Government of Nepal has taken steps to prepare the STS and submitted the annual report to CDP. The Committee recommends the country to take concrete measures to promote productive capacity, including promoting cottage industry and diversifying the economy. The CDP recommends ECOSOC to call for international community to continue providing technical and financial assistance to Nepal, particularly, on promoting productive capacity and build resilience against natural disasters.