Nepal: Staff Report for the 2001 Article IV Consultation
Electronic Access:
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Summary:
Nepal showed satisfactory macroeconomic performance despite difficult political circumstances. Executive Directors welcomed the comprehensive program of structural reforms that aimed at poverty reduction, and stressed the need for prudent macroeconomic policies. They appreciated the authorities' strategy to address the negative net worth of the two largest banks, and strengthen the financial sector. They encouraged the authorities to maintain an open trade and investment regime, encourage access to world banks, implement the recommendations of the IMF's multisector statistics mission, and improve the macroeconomic database.
Series:
Country Report No. 2001/172
Subject:
Budget planning and preparation Commercial banks Expenditure External debt Financial institutions Monetary base Money Public financial management (PFM)
English
Publication Date:
October 3, 2001
ISBN/ISSN:
9781451829891/1934-7685
Stock No:
1NPLEA0012001
Pages:
50
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