IMF -- Resident Representative Office in Nepal

Mount Everest: View of Everest from Kala Patthar in Nepal

Nepal Resident Representative Site

Resident Representative Office in Nepal

This web page presents information about the work of the IMF in Nepal, including the activities of the IMF Resident Representative Office. Additional information can be found on the Nepal and IMF country page, including IMF reports and Executive Board documents that deal with Nepal.

At a Glance : Nepal's Relations with the IMF

Current IMF membership: 188 countries
Nepal joined the Fund in September 06, 1961
Quota: SDR 71.30 million
Outstanding Purchases and Loans: RCF and ECF Arrangements SDR 75.57 million
The last Article IV Executive Board Consultation was on October 19, 2011

News — Highlights

Statement from the IMF Resident Representative to Nepal

Press Statement, July 26, 2010

Is Inflation in India an Attractor of Inflation in Nepal?

The paper attempts to answer some important questions around the inflationary process in Nepal, particularly the transmission of inflation from India.

Nepal and the IMF

Enhancing Financial Sector Surveillance in Low-Income Countries - Case Studies

Nepal; Staff Report for the 2011 Article IV Consultation

November 9, 2011
Series: Country Report No. 11/318

Nepal; Selected Issues

November 9, 2011
Series: Country Report No. 11/319

Public Information Notice: IMF Executive Board Concludes 2011 Article IV Consultation with Nepal

November 4, 2011
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.

Statement by the Hon. Barshaman Pun, Governor of the World Bank Group for Nepal

September 23, 2011
PDF File Size: 431Kb

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Regional Economic Outlook: Asia and Pacific

Barring the realization of downside risks to the global economy, growth in the Asia and the Pacific region is expected to gain momentum over the course of 2012, according to this report, and now projected at 6 percent in 2012, rising to about 6� percent in 2013. Stronger economic and policy fundamentals have helped buffer the region's economies against the global financial crisis, by limiting adverse financial market spillovers and ameliorating the impact of deleveraging by European banks, but a sharp fall in exports to advanced economies and a reversal of foreign capital flows would have a severe impact on the region. The region's policymakers now face the difficult task of calibrating the amount of insurance needed to support stable, noninflationary growth. Some Asian and Pacific economies can afford to lengthen the pause in the normalization of their macroeconomic policies that was initiated when the global recovery stalled late in 2011; others may need a faster return to more neutral policy stances. Similarly, the pace of fiscal consolidation should be calibrated to country-specific circumstances. Additional chapters in the report discuss whether China is rebalancing and the particular challenges facing Asian low-income and small island economies.

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Resident Representative for Nepal

Sanjaya Panth
Senior Resident Representative
c/o Nepal Rastra Bank
Central Office
Baluwatar, Kathmandu
Telephone: 977-1-441-1977
Fax:977-1-441-1673
E-mail: RR-NPL@imf.org

About the IMF
- A Korea-IMF Conference Daejeon, Korea
  July 12-13, 2010
Videos and Presentations
- Press Release: Asia Needs to Navigate the Uncertain Global Environment and Build Inclusive Growth, Says the IMF's Asia-Pacific Regional Economic Outlook
- Presentation: Roberto Cardarelli, Tokyo, Japan
  October 13, 2011
- Presentation: Anoop Singh, Manila, Phillipines
  October 17, 2011
Publications
Useful Information