ADB approves $40 million concessional loan to boost Nepal’s digital transformation
Summary
The Asian Development Bank has approved a $40 million concessional loan to support Nepal’s digital transformation, enhancing digital services and cybersecurity infrastructure across the government.
Key Points
- The Asian Development Bank approved a $40 million concessional loan to accelerate Nepal’s digital transformation agenda.
- The Nepal Digital Transformation Project will improve data hosting, cybersecurity, and digital public infrastructure.
- Key initiatives include developing an integrated citizen service portal and digitalising around 11 government services.
- The project aligns with Nepal’s Digital Nepal Framework 2.0 and is cofinanced under the ADB–World Bank Full Mutual Reliance Framework.
