Despite some progress in poverty reduction in recent years, Nepal remains one of the poorest countries in world, with a Human Development Index of 0.463, placing it 157th out of 187 countries listed in the United Nations Development Program.
It is estimated that nearly 24% of the population lives below the dollar-per-day international poverty line; 69% live below the two-dollars-per-day line. 20% of children aged 6-10 cannot attend school, rural areas don’t have access to education. Nepal is emerging from conflict; a Comprehensive Peace Accord between the Government of Nepal and the Communist Party (Maoist) of Nepal was signed in late 2006. Moreover, the constituent assembly election was held successfully in April 2008, and the country is now in the process of producing a new constitution.
In 2008 Nepal was not included in the first round of monitoring for the Paris Declaration but they have participated in 2008 Survey. This monitoring allows knowing where the country in relation stands with the goals established regarding the Paris Declaration principle (Ownership, Alignment, Harmonization, Managing for results, Mutual Accountability). During the first monitoring low and moderate results were noted due to a lack of accountability by the government and no established action plan in several fields. Meanwhile, the same survey was retaken in 2010 showing several achievements in this field. A Poverty Reduction Strategy Paper has been drafted listing the next steps towards improvement.