Nepal : 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Nepal

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

November 18, 2015

Electronic Access:

Free Full text (PDF file size is 2006 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2015 Article IV Consultation highlights that the earthquakes in April and May and protests and trade disruptions following the promulgation of a new constitution in September have exacerbated the macroeconomic policy challenges facing the Nepalese economy. Real GDP growth is estimated to have decelerated to 3.4 percent in 2014/15 (mid-July 2014 to mid-July 2015) from 5.5 percent in 2013/14. Growth is expected to gradually rebound to about 5.5 percent by 2016/17, as economic activity recovers from the earthquake and reconstruction gains momentum. Inflation is projected to rise to about 8.5 percent over the next 12 months. The medium-term outlook depends importantly on the authorities’ reform efforts.

Series:

Country Report No. 15/317

Subject(s):

English

Publication Date:

November 18, 2015

ISBN/ISSN:

9781513562247/1934-7685

Stock No:

1NPLEA2015002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

61

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