Nepal: Background Paper

International Monetary Fund

No 1995/063, IMF Staff Country Reports from International Monetary Fund

Abstract: This Background Paper on Nepal highlights that during 1993/94, overall economic performance was generally favorable. Real GDP grew by nearly 7 percent, largely owing to the good monsoon that helped boost agricultural output significantly above the low levels recorded in the previous year. Inflation remained stable at about 9 percent, closely following price developments in India. Reflecting the substantial improvement in government revenue collections, net domestic financing of the budget deficit was contained at 1 percent of GDP.

Keywords: ISCR; CR; Nepal; export; government; landholder; GDP; garment export growth; tenancy right; Nepalese rupee; carpet export; interest payment; commodity aid; Agricultural sector; Exports; Imports; Domestic debt; Global (search for similar items in EconPapers)
Pages: 87
Date: 1995-07-20
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