Nepal: Staff Report for the 1999 Article IV Consultation

IMF Staff Country Reports, March 14, 2000

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Nepal: Staff Report for the 1999 Article IV Consultation

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Bibliographic details

• Published: March 14, 2000
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781451829884.002

Executive summary and key findings

• Nepal has maintained macroeconomic stability under the Poverty Reduction and Growth Facility Arrangement.
• Executive Directors commended:
  • low inflation,
  • strong macroeconomic stability,
  • international reserves.
• Directors stressed the need to:
  • improve the fiscal position,
  • enhance private and foreign investment,
  • accelerate project implementation,
  • strengthen rural infrastructure.
• Directors encouraged authorities to:
  • strengthen efforts in eliminating weaknesses in the macroeconomic database,
  • reform the banking system,
  • mobilize budgetary revenue,
  • improve fiscal transparency,
  • tackle problems of governance and corruption.

Policy recommendations and priorities

• Fiscal policy:
  • Improve fiscal position.
  • Mobilize budgetary revenue.
  • Improve fiscal transparency.
• Financial sector:
  • Reform the banking system.
  • Strengthen the macroeconomic database.
• Growth and investment:
  • Enhance private and foreign investment.
  • Accelerate project implementation.
  • Strengthen rural infrastructure.
• Governance:
  • Tackle problems of governance and corruption.

Thematic coverage (subjects and keywords)

• Subjects listed: Banking; Budget planning and preparation; Expenditure; Monetary base; Money; Poverty; Poverty reduction strategy; Public financial management (PFM); Revenue administration.
• Keywords listed: Asia and Pacific; broad money; broad money expansion; Budget planning and preparation; central bank; consultation; CR; exchange rate; export; export recovery; GDP; Global; growth; growth constraint; growth potential; IMF staff estimate; ISCR; merchandise export; Monetary base; Nepal; Poverty reduction strategy; private sector.

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• Nepal: Staff Report for the 1999 Article IV Consultation - - March 2000
  • Nepal: Staff Report for the 1999 Article IV Consultation - - March 2000 (Markdown version)
  • Nepal: Staff Report for the 1999 Article IV Consultation - - March 2000 (PDF)