This web page presents information about the work of the IMF in Nepal, including the activities of the IMF Resident Representative Office. Additional information can be found on the Nepal and IMF country page, including IMF reports and Executive Board documents that deal with Nepal.

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At a Glance: Nepal's Relations with the IMF

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News and Highlights

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Photos of DMD Zhang visiting to Nepal in November 2017

  • Tao Zhang meeting Nepal Central Bank Governor

    Tao Zhang meeting Nepal Central Bank Governor

  • Tao Zhang meeting the Finance Minister of Nepal

    Tao Zhang meeting the Finance Minister of Nepal

  • Tao Zhang meeting the Finance Minister of Nepal

    Tao Zhang meeting the Finance Minister of Nepal

  • Tao Zhang touring Lomus Pharma factory

    Tao Zhang touring Lomus Pharma factory

  • DMD Zhang delivering a presentation in an interactive session with authorities and representatives of business association and academia.

    DMD Zhang delivering a presentation in an interactive session with authorities and representatives of business association and academia.

  • Tao Zhang with children of Maiti Nepal

    Tao Zhang with children of Maiti Nepal

  • Tao Zhang touring Lomus Pharma factory

    Tao Zhang touring Lomus Pharma factory

  • Tao Zhang handing over the Fund’s Civic Fund donation to Maiti

    Tao Zhang handing over the Fund’s Civic Fund donation to Maiti

  • Tao Zhang visiting Maiti

    Tao Zhang visiting Maiti

  • Tao Zhang meeting Nepal Central Bank Governor

    Tao Zhang meeting Nepal Central Bank Governor

  • Tao Zhang enjoying a presentation by children of Maiti Nepal, along with founder Anuradha Koirala

  • Tao Zhang welcomed at Maiti Nepal by founder Anuradha Koirala and Executive Director Bishwo Ram Khadka

    Tao Zhang welcomed at Maiti Nepal by founder Anuradha Koirala and Executive Director Bishwo Ram Khadka

  • IMF team in front of IMF office

  • Tao Zhang visiting Bhaktapur

    Tao Zhang visiting Bhaktapur

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Nepal and the IMF

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October 31, 2024

Asia and Pacific: Resilient Growth but Higher Risks

Short-term prospects for Asia and the Pacific have improved slightly compared to the IMF’s April forecasts, even though growth is still expected to moderate in 2024 and 2025. The regional growth projection for 2024 has been marked up to 4.6 percent from 4.5 percent in April, largely reflecting the over-performance in the first half of the year, and the region is forecast to contribute roughly 60 percent to global growth in 2024. In 2025, more accommodative monetary conditions are expected to support activity, resulting in a slight upward growth revision to 4.4 percent from 4.3 percent in April. Inflation has retreated in much of the region. At the same time, risks have increased, reflecting rising geopolitical tensions, uncertainty about the strength of global demand, and potential for financial volatility. Demographic change will act increasingly as a brake on activity, though structural shifts into high-productivity sectors such as tradable services hold promise to sustain robust growth.
Read the Report