The Nepal Economic Agriculture and Trade (NEAT) Activity worked to promote economic growth, reduce poverty, and improve lives. Nepal, a low-income country with high levels of poverty and modest growth rates, has been undergoing a period of social and political tension. Substantial differences in poverty had long existed among Nepal’s ethnic and caste groups and locations, and after a decade of armed insurgency by the Maoists, Nepal found itself in the midst of an historic political and social transition.
Underlying much of the conflict was the fundamental problem of poverty. Key governance issues included deficiencies in the legal framework for and treatment of business. The NEAT activity addressed these challenges by strengthening the foundations for rapid, sustained, and inclusive economic growth that lessened pressures for conflict, reduced poverty, and improved lives.