Nepal: Recent Economic Developments

International Monetary Fund

No 2001/173, IMF Staff Country Reports from International Monetary Fund

Abstract: Nepal has grappled with formidable economic and social challenges. Although the Nepalese economy performed well, growth has been hampered by weak infrastructure, low saving and investment rates, fiscal constraints, and a lack of absorptive capacity for boosting the needed public investment. Fiscal performance has been favorable, but progress in the area of structural reform was less encouraging. The report analyzes the recent macroeconomic developments, poverty, and environmental issues. The study also reviews the country's external and monetary developments, the fiscal situation, and structural issues.

Keywords: ISCR; CR; broad money; central government; net government claim; line item; public enterprise; private sector; capital expenditure; Nepalese rupee; reform policy; Budget planning and preparation; Commercial banks; Civil service reform; Civil service; Capital spending; Global (search for similar items in EconPapers)
Pages: 76
Date: 2001-10-03
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