Nepal: Staff Report for the 1999 Article IV Consultation

International Monetary Fund

No 2000/039, IMF Staff Country Reports from International Monetary Fund

Abstract: Nepal has maintained macroeconomic stability under the Poverty Reduction and Growth Facility Arrangement. Executive Directors commended the low inflation, strong macroeconomic stability, and international reserves. They stressed the need to improve fiscal position, enhance private and foreign investment, accelerate project implementation, and strengthen rural infrastructure. They encouraged the authorities to strengthen the efforts in eliminating the weaknesses in the macroeconomic database, reform the banking system, mobilize budgetary revenue, improve fiscal transparency, and tackle problems of governance and corruption.

Keywords: ISCR; CR; Nepal; growth; consultation; export; broad money; GDP; growth potential; IMF staff estimate; central bank; merchandise export; private sector; exchange rate; broad money expansion; growth constraint; export recovery; Budget planning and preparation; Monetary base; Poverty reduction strategy; Asia and Pacific; Global (search for similar items in EconPapers)
Pages: 50
Date: 2000-03-14
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