EPI’s main objective is to support the Government of Nepal (GoN) develop better policies in order to attract investment, create quality jobs and achieve higher and sustainable economic growth
The Economic Policy Incubator (EPI) is a programme sponsored and overseen by Nepal’s Ministry of Finance (MoF), and funded by the U.K. Department for International Development (DFID)
Launched in 2016 in Nepal, EPI’s main objective is to support the Government of Nepal (GoN) develop better policies in order to attract investment, create quality jobs and achieve higher and sustainable economic growth.
To achieve this, EPI uses a unique, politically smart and adaptive approach. We work closely with key stakeholders to build strong local partnerships with government agencies, civil society and the private sector. We work in a highly challenging environment, adapting and reassessing priorities with partners, and identifying entry points in areas where there is traction for change.
EPI supports the government of Nepal through three core areas:
EPI supports the GoN to improve the technical quality of policies, regulations and procedures by providing technical assistance, expert advice and networking support.
EPI works as a facilitator to bridge the gap between government, civil society and the private sector. We help build an understanding of policy problems, provide inputs on policy alternatives and support the planning and prioritisation of initiatives. We provide an unbiased source of expertise on economic issues and create a space for dialogue to reach consensus on policy problems.
EPI seeks to strengthen government institutions and other stakeholders’ capacities to make more efficient and effective decisions by improving their understanding of policies, processes and systems needed to be put in place for implementation.
At present, EPI is working with the MoF, Ministry of Industry Commerce and Supplies (MoICS), the Federal Parliament, National Planning Commission, and at the local level with the municipalities of Siddharthanagar, Tilottama, Butwal, and Pokhara-Lekhnath in the Province number 4 and 5 of Nepal, among others.