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20 Feb 2022

Nepal: Capital Market and Infrastructure Capacity Support Project

The project was aimed at creating an enabling environment to spur long-term financing and enhance private sector participation. Its envisaged impact was greater availability of infrastructure services. Its expected outcome was greater private sector investment in the infrastructure sector.
This report validates the completion report's assessment of the program. IED overall assessment: Less than successful.

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Independent Evaluation Department, Asian Development Bank
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