Nepal: Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waivers for Nonobservance of Performance Criteria: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Nepal

November 16, 2007

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Format: Chicago

Nepal: Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waivers for Nonobservance of Performance Criteria: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Nepal, (USA: International Monetary Fund, 2007) accessed November 22, 2024

Summary

The staff report for the Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PGRF) highlights Nepal’s economic outcomes and macroeconomic policies. Financing needs and logistics of the peace process pose continuing challenges. Macroeconomic stability remains intact, but the speed of structural reform implementation has been slow. Macroeconomic policies remain anchored and the authorities are aware of the need for further structural reforms. Financial sector reforms can help improve intermediation and financial stability.

Subject: External debt, Monetary base, Money, Poverty, Poverty reduction strategy, Public debt, Public financial management (PFM)

Keywords: CR, Global, Growth facility, ISCR, Monetary base, Poverty reduction strategy, PRGF arrangement, PRGF loan, Request, Request for waivers for nonobservance of performance criteria, Three-Year, Three-Year arrangement

Publication Details

Pages:

50
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/366
Stock No:

1NPLEA2007004
ISBN:

9781451830101
ISSN:

1934-7685

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