Nepal has made substantial progress in deepen-ing  the  structures  and  processes  of  public  fi-nancial management (PFM), particularly in the use of information technology. investment efficiency gains achieved despite the political transition period (2006-2010)  when  reform  was  not  a  first  priority.  if  these improvements are linked and catalyze reforms in all phases of PFM, it would increase the chances of Nepal’s graduation to middle-income status and help in reducing poverty.



2nd Assessment Report