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Mount Everest: View of Everest from Kala Patthar 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.

News — Highlights

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South Asia: Consolidating Gains in the Post-Crisis Era

South Asia Regional Update, November 2014 click for more

South Asia: Consolidating Gains in the Post-Crisis Era

By Thomas Richardson, IMF Senior Resident Representative – India/Nepal/Bhutan, South Asia Economic Summit: “Towards South Asia Economic Union”, November 6, 2014 click for more

IMF’s Releases Inaugural South Asia Regional Economic Update

November 2014 click for more

Regional Economic Outlook for Asia and Pacific Update

October 2014 click for more

World Economic Outlook (WEO): Legacies, Clouds, Uncertainties

October 2014 click for more

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Nepal and the IMF

Transcript of a Press Briefing by Gerry Rice, Director, Communications Department, International Monetary Fund

May 14, 2015

Transcript of a Press Briefing by Gerry Rice, Director, Communications Department, International Monetary Fund

April 30, 2015

Press Release: IMF Managing Director Christine Lagarde Expresses Sympathy to Victims of Earthquake in Nepal

April 25, 2015

Statement by the Hon. Ram Sharan Mahat, Governor of the World Bank Group for Nepal

October 9, 2014
PDF File Size: 158Kb click for more

Nepal: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Nepal

July 18, 2014
Series: Country Report No. 14/214 click for more

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Regional Economic Outlook: Asia and Pacific

image from the publication cover

The economic outlook for Asia and Pacific is stable and robust, with growth expected to hold steady at 5.6 percent in 2015, easing slightly to 5.5 percent in 2016, according to the latest Regional Economic Outlook for Asia and Pacific, published on May 7, 2015.

Although Asia will remain the global growth leader, vulnerabilities associated with increased domestic and foreign debt are rising. Potential growth is likely to slow, reflecting weaker productivity gains, and the effects of aging populations and infrastructure bottlenecks in some countries.

The report finds that monetary and fiscal policy settings are broadly appropriate, but boosting resilience and potential growth remain top priorities, with structural reforms continuing to play a big role. The report also explores Asia's role in global value chains and the factors affecting financial integration within Asia.
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Scam Alert

Fraudulent Scam Emails Using the Name of the IMF

We would like to bring to the notice of the general public that several variants of financial scam letters purporting to be sanctioned by the International Monetary Fund (IMF) or authored by high ranking IMF officials are currently in circulation, and may appear on official letterhead containing the IMF logo. The scam letters instruct potential victims to contact the IMF for issuance of a “Certificate of International Capital Transfer” or other forms of approval, to enable them receives large sums of monies as beneficiaries. The contact e-mail information is always BOGUS and unsuspecting individuals are then requested to send their personal banking details which the scammers utilize for their fraudulent activities.

Contrary to what is stated in these scam e-mails, letters, or phone conversations, the IMF does NOT authorize, verify, monitor, or assist in contract or inheritance payments between third parties and/or Governments, nor does it endorse the activities of any bank, financial institution, or other public or private agency. For purposes of clarification, the IMF is an inter-governmental organization whose transactions and operations are carried out directly with its member countries.

If you have already received such e-mails, you are advised to terminate all further contacts with the scammers, and, in the event that you have sent them funds, contact your local law enforcement agency immediately. If you are resident in the United States, you can also file a complaint with the US Federal Bureau of Investigation (FBI), through the following website: http://www.ic3.gov/default.aspx.

Additional general information on scam e-mails may be found at the following websites:
1) http://www.lookstoogoodtobetrue.com/
2) http://www.treas.gov/press/releases/js1130.htm