IMF Staff Country Reports

Nepal: Staff Report for the 1999 Article IV Consultation

Publication Date:

March 14, 2000

Electronic Access:

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Summary:

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.

Series:

Country Report No. 2000/039

Subject:

Banking Budget planning and preparation Expenditure Monetary base Money Poverty Poverty reduction strategy Public financial management (PFM) Revenue administration

Notes:

Included with the Staff Report is the text of Public Information Notice No.00/20--IMF Concludes Article IV Consultation with Nepal.