Nepal: Civil Aviation Sector Improvement Program
The policy-based loan for the Civil Aviation Sector Improvement Program in Nepal will provide budget support for civil aviation sector reforms in the restructuring of the current Civil Aviation Authority of Nepal (CAAN) and the strengthening of its oversight functions, management accountability, and operational efficiency.
9 Jul 2020
Approval of a legal framework for civil aviation reforms
Establishment and operationalization of an independent regulatory body for civil aviation
Establishment and operationalization of an independent service provider for civil aviation
$50 million (Asian Development Fund / Concessional ordinary capital resources lending)