PROJECT PERFORMANCE AUDIT REPORT

ASIAN DEVELOPMENT BANK PPA: NEP 24003 PROJECT PERFORMANCE AUDIT REPORT ON THE TOURISM INFRASTRUCTURE DEVELOPMENT PROJECT (Loan 1156-NEP[SF]) IN NEPAL December 2000 CURRENCY EQUIVALENTS Currency Unit – Nepalese Rupee/s (NRe/NRs) At Appraisal At Project Completion At Operations Evaluation (September 1991) (December 1997) (March 2000) NRe1.00 = $0.0237 $0.0161 $0.0145 $1.00 = NRs42.20 NRs62.00 NRs68.81 The Nepalese rupee is pegged to the Indian rupee (Re) at NRs1.00 to Re1.00, and is fully convertible on all current account transactions. ABBREVIATIONS ADB − Asian Development Bank BME − benefit monitoring and evaluation CAAN − Civil Aviation Authority of Nepal DOA − Department of Archeology DOR − Department of Roads DOT − Department of Tourism IA − implementing agency KMTNC − King Mahendra Trust for Nature Conservation MOT − Ministry of Tourism OEM− Operations Evaluation Mission NATHM − Nepal Academy of Tourism and Hotel Management NTB − Nepal Tourism Board PCR − project completion report PMU − project management unit SSTA − small-scale technical assistance TA − technical assistance TSC− tourist service center UNDP − United Nations Development Programme NOTES (i) The fiscal year (FY) of the Government ends on 15 July. (ii) In this report, “$” refers to US dollars. Operations Evaluation ...