completed· Disaster Risk
Financial sector stability DPC2
The development objectives of the proposed credit are to support the financial sector medium-term reform program initiated by the Nepalese authorities to reduce the vulnerability of the banking sector and increase its transparency Although this operation was designed prior to the April 2015 earthquake, the magnitude of the devastation that ensued, as well as the heightened vulnerabilities of the financial sector as a result of the disaster, have resulted in an additional objective which is to provide the GoN with much needed short term financial support to expedite and scale up relief and recovery efforts while mitigating new emerging financial sector weaknesses and allowing it to play its role in the broader post-disaster recovery effort
Overview
About this project
The development objectives of the proposed credit are to support the financial sector medium-term reform program initiated by the Nepalese authorities to reduce the vulnerability of the banking sector and increase its transparency Although this operation was designed prior to the April 2015 earthquake, the magnitude of the devastation that ensued, as well as the heightened vulnerabilities of the financial sector as a result of the disaster, have resulted in an additional objective which is to provide the GoN with much needed short term financial support to expedite and scale up relief and recovery efforts while mitigating new emerging financial sector weaknesses and allowing it to play its role in the broader post-disaster recovery effort
Record quality
75% complete
Not reported by the available sources: budget, disbursement, partner organizations. This is intentionally shown as unavailable rather than estimated.
Report an update or correctionProgress
—- Plan
- Implementation
- Outcomes
Alignment