TDF

Town Development Fund (TDF) was established as TDF Board in 1989, by the Formation Order 1988, under the Development Board Act, 1956. TDF was set up for providing financial and technical assistance to the Town Panchayats for their development. Gradually, realizing a need for an autonomous financial intermediary institution, TDF was restructured as an autonomous institution under the Town Development Fund Act, 1997. Since its establishment, TDF has received loans and grants from the Government of Nepal (GoN), most often from contributions originating from the financial assistance of development partners (DPs). When it comes to international donor agencies, the German government has been a steadfast and committed partner, providing grants and technical support through the German Development Bank (KfW) and German Development Agency (GIZ). Similarly, TDF also receives financial and Technical support from the Asian Development Bank (ADB), the World Bank (WB), European Union (EU), United..

Also known as: Town Development Fund