Announcement for the recruitment of short term consultants for the study on Nepal’s public debt borrowing capacity

Deloitte Consulting and WSP, together with Georgia State University and the Niti Foundation are implementing a five-year USAID-funded Public Financial Management Program (USAID PFM) whose purpose is to provide technical assistance and strengthen Public Financial Management (PFM) functions, performance, and accountability of targeted agencies at the federal, provincial, and local levels of government, and to provide targeted assistance to the Government of Nepal (GON) aimed at strengthening national PFM institutions and systems to sustainably advance PFM.

The project commenced in October 2022 and will run for a five-year period to October 2027. The major stakeholders of the project are selected Federal Agencies including the Ministry of Finance (MOF), Ministry of Federal Affairs and General Administration (MOFAGA), Financial Comptroller General’s Office (FCGO), PEFA Secretariat, National Natural Resources and Fiscal Commission (NNRFC), National Planning Commission (NPC), Office of the Prime Minister and Council of Ministers (OPMCM), Public Procurement Monitoring Office (PPMO), Provincial Governments of Madhesh and Lumbini Province, and Local Governments located in these two provinces.

On behalf of the USAID PFM program, the Niti Foundation is recruiting a team of short-term consultants to analyze the status of public debt in Nepal and estimate Nepal’s public debt capacity and determine the appropriate internal borrowing size for the three levels of government, considering macroeconomic conditions, constitutional and legal provisions, and government strategic plans. These experts will be hired through individual contracts or a team with relevant experience in these areas (considering the need for proper coordination among the team members the preference will be given to those who apply as a team). The study team will be led by a Macroeconomist, supported by a monetary economist and an econometrician/data analyst contracted in accordance with the attached Terms of Reference (TOR).

Detail Terms of Reference (TOR) can be obtained from the following link:

Link: Terms of Reference (TOR)

Application Instructions:

A team or individual consultant will be considered for this opportunity. 

Interested and qualified individuals or team can apply by July 28, 2024, through the following email address and should attach the following documents.

• Cover letter.
• Recent CV of proposed experts
• Dates of availability 
• Contact information of three professional references for each expert and
• Daily rate: Evidence of previous payments may be asked of the successful candidate to verify the daily rate.
• Interested candidates in applying for this position can reach us at info@nitifoundation.org

Only shortlisted candidates or teams will be contacted. The organization reserves the right to reject any/all applications without assigning any reason.