Project Description
The project establishes a public-private dialogue (PPD) to bridge the gap
in trust between the public and private sectors in Nepal. Specifically, it
creates the institutional platform necessary for results-oriented policy
dialogue. Objectives include: 1) a new PPD mechanism for investment
climate reforms; 2) four recommended laws, regulations, amendments, or
codes enacted by the end of 2012; 3) 50 processes, procedures, or
practices improved or eliminated (out of 200 recommendations proposed by
the PPD) by the end of 2012; 4) enactment rate of proposed reforms
improved by 10 percent per year for two years; 5) measurable improvement
of Nepal's reform process and organizational effectiveness; 6) $5 million
in private sector cost savings generated through 15 implemented investment
climate reforms by the end of 2012, and $10 million in cumulative savings
by the end of 2014; 7) improved perception of importance and support of
business reforms among relevant stakeholders; and 8) increased coverage of
Nepal Business Forum’s operating costs by business membership
organizations and the government, to make NBF more sustainable.