Nepal: Staff Report for the 1999 Article IV Consultation

March 14, 2000

Summary

Nepal has maintained macroeconomic stability under the Poverty Reduction and Growth Facility Arrangement. Executive Directors commended the low inflation, strong macroeconomic stability, and international reserves. They stressed the need to improve fiscal position, enhance private and foreign investment, accelerate project implementation, and strengthen rural infrastructure. They encouraged the authorities to strengthen the efforts in eliminating the weaknesses in the macroeconomic database, reform the banking system, mobilize budgetary revenue, improve fiscal transparency, and tackle problems of governance and corruption.

Subject: Banking, Budget planning and preparation, Expenditure, Monetary base, Money, Poverty, Poverty reduction strategy, Public financial management (PFM), Revenue administration

Keywords: Asia and Pacific, broad money, broad money expansion, Budget planning and preparation, central bank, consultation, CR, exchange rate, export, export recovery, GDP, Global, growth, growth constraint, growth potential, IMF staff estimate, ISCR, merchandise export, Monetary base, Nepal, Poverty reduction strategy, private sector

Pages:
50
Volume:
2000
DOI:
https://doi.org/10.5089/9781451829884.002
Issue:
039
Series:
Country Report No. 2000/039
Stock No:
1NPLEA0012000
ISBN:
9781451829884
ISSN:
1934-7685

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Notes

Included with the Staff Report is the text of Public Information Notice No.00/20--IMF Concludes Article IV Consultation with Nepal.

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