Nepal: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Nepal
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This 2015 Article IV Consultation highlights that the earthquakes in April and May and protests and trade disruptions following the promulgation of a new constitution in September have exacerbated the macroeconomic policy challenges facing the Nepalese economy. Real GDP growth is estimated to have decelerated to 3.4 percent in 2014/15 (mid-July 2014 to mid-July 2015) from 5.5 percent in 2013/14. Growth is expected to gradually rebound to about 5.5 percent by 2016/17, as economic activity recovers from the earthquake and reconstruction gains momentum. Inflation is projected to rise to about 8.5 percent over the next 12 months. The medium-term outlook depends importantly on the authorities’ reform efforts.
Series:
Country Report No. 2015/317
Subject:
Balance of payments Budget execution and treasury management Budget planning and preparation Current account Expenditure Fiscal policy Public financial management (PFM) Remittances Revenue administration
English
Publication Date:
November 18, 2015
ISBN/ISSN:
9781513562247/1934-7685
Stock No:
1NPLEA2015002
Pages:
61
Please address any questions about this title to publications@imf.org