MoF and UNDP jointly launch Nepal’s Integrated National Financing Framework (INFF) Strategy

February 12, 2026

The Ministry of Finance (MoF), the Government of Nepal in partnership with the United Nations Development Programme (UNDP), launched the Integrated National Financing Strategy for Pro-Employment Growth and Sustainable Development.

Senior government officials, development partners, civil society and the private sector participated in the event, aimed at outlining a coordinated approach to aligning public and private financing with Nepal’s national sustainable development priorities, contributing to a more coherent, efficient, and results-oriented financing system under INFF.

The event opened with remarks from Dr. Dhaniram Sharma, Joint Secretary at the Ministry of Finance, Ms Lila Pieters Yahia, UN Resident Coordinator and Ms Kyoko Yokosuka, Resident Representative of UNDP Nepal.

Mr. Sharma stated "This strategy reflects strong national ownership, and is a result of eighteen months of rigorous consultations. It is a country-led approach to align public and private finance with national priorities—placing jobs and livelihoods at the centre of financial decisions." He further called upon all ministries, development partners, the private sector, and civil society to align their programmes and resources with the Strategy to advance employment generation, SDG progress, and Nepal’s smooth transition from LDC status.

Ms Lila Pieters Yahia, UN Resident Coordinator congratulated the Government of Nepal on the launch of the INFF, noting that it strengthens the country’s ability to mobilize and manage the resources needed to achieve national development goals. “Nepal’s leadership in co-facilitating the Fourth International Conference on Financing for Development was commendable, and the INFF offers a nationally led platform to align public and private, domestic and international financing under a single strategic framework—enhancing planning, allocation, monitoring, and accountability.”

Reaffirming UNDP’s support, Ms Kyoko Yokosuka, UNDP Resident Representative in Nepal, said, “Nepal’s INFF Financing Strategy provides a powerful platform to align public and private finance around a shared priority—creating productive employment at home. UNDP remains committed to supporting the Ministry of Finance in translating this Strategy into effective implementation, strong coordination, and measurable job outcomes.”

The Strategy is structured around six mutually reinforcing pillars, each accompanied by clear priorities, strategies, and actions.
Pillar One – Fiscal Policy and Public Finance: Strengthens the quality and execution of public investment and advances tax reforms to incentivize private sector investment, job creation, and formalization.
Pillar Two – Monetary Policy and Private Finance: Expands access to finance for underserved but bankable firms through targeted lending incentives, movable-asset financing, partial guarantees, and blended and digital rural finance.
Pillar Three – Public–Private Partnerships (PPP): Promotes bankable projects and fair risk-sharing to maximize employment impacts of PPP, supported by legal reforms, standardized PPP contracts, viability gap funding, and NPR-denominated project finance.
Pillar Four – Financial Inclusion and Digital Finance: Enhances the viability and oversight of MFIs, enables access to wholesale capital from IFIs and climate funds, and links digital finance with enterprise credit and rural value chains to support resilient jobs.
Pillar Five – Climate and Disaster Risk Finance: Mobilizes climate finance to crowd in private investment and integrates climate and disaster risk considerations into public investment systems.
Pillar Six – Skills Development and Just Transition: Invests in skills and public–private partnerships while advancing a just transition in agriculture through climate-smart employment pathways.

UNDP Nepal remains committed to supporting the Government of Nepal in implementing the INFF Financing Strategy and advancing inclusive, employment-focused, and sustainable development across the country.

Please find the INFF Strategy 2026 here.