Nepal: Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Requests for Waiver and Modification of Performance Criteria: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Nepal

June 18, 2007

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Nepal: Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Requests for Waiver and Modification 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 24, 2024

Summary

This paper discusses key findings of the Fourth Review Under the Poverty Reduction and Growth Facility (PRGF) for Nepal. The PRGF-supported program is broadly on track. All quantitative performance criteria for the fourth review were met. A number of structural performance criteria and benchmarks have been implemented, albeit with delays. For those that have not been completed, substantial progress has been made. With this, the authorities have requested waivers for four structural performance criteria and completion of the fourth review, as well as modification of performance criteria for the fifth review.

Subject: Banking, Expenditure, External debt, Monetary base, Money, Poverty, Poverty reduction strategy, Public debt

Keywords: CR, Global, Growth facility, ISCR, Monetary base, Nepalese authorities, Poverty reduction strategy, PRGF arrangement, Request, Requests for waiver, Three-Year, Three-Year arrangement, Waiver

Publication Details

Pages:

81
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/204
Stock No:

1NPLEA2007002
ISBN:

9781451830088
ISSN:

1934-7685

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