Strategy
Internal Strategies for strengthening TDF
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Formulate new rules, by-laws, and guidelines in line with proposed UIDC Act.
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Update and enforce policies and procedures for smooth operation of business process.
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Continued institutional reform process to enhance the capacity of TDF for implementing its proposed Business Plan.
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Establish a system of project identification, project appraisal, project implementation and monitoring and evaluation for the effective and efficient service delivery as a financial intermediary.
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Focus to implement the resilient and green infrastructures.
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Restructure and reform organization structure in line with expected growth as UIDC and reform.
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Develop and adopt Risk Management Framework (RMF) to ensure loan security and loan recovery.
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Establish system automation for enhanced MIS, i.e., integrate management software with MIS.
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Adopt performance-based monitoring system and mechanism for improved service delivery.
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Implement the step-in-right to intercept IGFT in case of default loans.
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Adopt international standard key financial indicators for enhancing TDF as a well recognized Prudential Financial institution, nationally and internationally.
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Establish an appropriate communication and grievance handling mechanism within TDF.
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Conduct necessary study for defining the long-term vision, mission, goals and core values of TDF.
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Introduce market-base interest rate for the financing to urban infrastructure.
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Expand TDF’s services to provincial level.
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Introduce performance-based incentive to the employees of TDF.
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Focus on strategic project finance and development.
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Develop TDF as a Center for Excellence.
External Strategies for the Creation of Enabling Environment
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Enact and implement the UIDC Act.
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Collaborate with the government’s line agencies for the implementation of National Urban Policy and National Urban Development Strategy.
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Collaborate with Investment Board of Nepal (IBN) and DPs for debt financing in the PPP projects.
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Collaboration with Nepal Rastra Bank (NRB) for including revenue generating urban infrastructures as the specific lending sector in NRB lending directives for promoting Banking & financial institutions (BFIs).
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Promote non-financing and blended-financing mechanism for financing urban infrastructures.
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Collaborate with International financial institutions (IFIs)/ National financial institutions (NFIs), insurance companies and employment provident fund (EPF) for the consortium financing.
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Collaboration and coordination with National Planning Commission, different government departments, Corporate entities like Nepal Telecom, National, Housing Company, Cooperatives and other related fund for the blended financing.
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Initiate for improvement of borrowing capacity of TDF and clients.
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Collaborate with NNRFC to prepare grant allocation and credit management policy for sub-national governments.
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Explore and mobilize alternative financial resources for financing various infrastructure development sectors.
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Collaborate with the government’s line agencies and municipalities to implement the provision of intercepting central government transfers in case of loan default.
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Initiate for issuance municipal bond or project-based bond for urban infrastructure financing.
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Collaborate with GoN and DPs for establishment of a pooled fund within TDF under a joint framework agreement (JFA), as provisioned in the foreign aid policy of GoN.
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Establish network with the international organizations for the knowledge exchange and capacity development through Technical Assistance (TA) and exposure program.