Nepal: Request for Disbursement Under the Rapid Credit Facility - Staff Report; Press Release; and Statement by the Executive Director for Nepal

Publication Date: August 04, 2015
Electronic Access: Free Full text (PDF file size is 1,589KB).
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Summary: A powerful earthquake hit Nepal on April 25. Over 8,800 lives were lost and damages and losses are estimated at US$7 billion or nearly one third of GDP. Reconstruction of housing, government buildings and infrastructure will open fiscal and balance of payments gaps in the coming years. Before the earthquake, Nepal’s macroeconomic performance was broadly favorable but the government’s weak budget implementation capacity held back growth and propped up the external position.
Series: Country Report No. 15/224
Subject(s): Rapid Credit Facility | External shocks | Economic conditions | Balance of payments need | Economic indicators | Balance of payments statistics | Letters of Intent | Debt sustainability analysis | Staff Reports | Press releases | Nepal

Publication Date: August 04, 2015
ISBN/ISSN: 9781513510279/1934-7685 Format: Paper
Stock No: 1NPLEA2015001 Pages: 49
US$18.00 (Academic Rate:
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