Nepal: 2005 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Nepal

February 7, 2006

Preview Citation

Format: Chicago

Nepal: 2005 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Nepal, (USA: International Monetary Fund, 2006) accessed November 23, 2024

Summary

This 2005 Article IV Consultation highlights that Nepal’s economic growth has been affected by the political turmoil and conflict, although inflation has remained moderate, and international reserves are adequate. Real GDP growth averaged 2 percent during 2000/01–2004/05, compared with the 1990s when growth in agricultural productivity and significant trade liberalization contributed to average real GDP growth of 5 percent. Inflation has remained in the low single digits, although it rose to 7¾ percent in mid-October 2005. The overall and domestically financed deficits remained limited in 2004/05.

Subject: Banking, Budget planning and preparation, Expenditure, External debt, Poverty, Public debt, Public financial management (PFM)

Keywords: Arrears, Asia and Pacific, Authorities request, Broad money, Budget planning and preparation, CR, East Asia, Exchange rate, Global, Government, Implementation strategy, ISCR, Nepalese authorities, Private sector, South Asia, Spending

Publication Details

Pages:

69
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/044
Stock No:

1NPLEA2006001
ISBN:

9781451830026
ISSN:

1934-7685

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