Nepal: 2017 Article IV Consultation-Press Release; Staff Report
IMF Staff Country Reports, March 27, 2017
Source details
- Canonical URL
- Nepal: 2017 Article IV Consultation-Press Release; Staff Report
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Bibliographic details
- Published: March 27, 2017
- Series: IMF Staff Country Reports
Overview and context
- Highlights the rebound of Nepal’s economy following a slowdown caused by the 2015 earthquakes and trade disruptions at the southern border.
- Reporting period and national accounts reference: growth of real GDP at market prices slowed to 0.6 percent in 2015/16 (mid-July 2015 to mid-July 2016).
Inflation and prices
- Trade disruption and shortages of fuel and other essential goods drove up inflation to 12 percent (year over year) in January 2016.
- Inflation eased subsequently to 3.2 percent in January 2017, mainly because of lower food prices.
- Inflation is expected to undershoot the central bank’s mid-2017 target of 7.5 percent.
Growth projections and outlook
- Growth is projected to reach 5.5 percent in 2016/17.
Publication and metadata
- Publication date: March 27, 2017
- Pages: 73
- Volume: 2017
- Issue: 074
- Series: Country Report No. 2017/074
- Stock No: 1NPLEA2017001
- ISBN: 9781475589009
- ISSN: 1934-7685
Subjects and keywords (as listed)
- Subjects: Banking, Budget planning and preparation, Credit, Expenditure, External debt, Money, Public debt, Public financial management (PFM)
- Keywords: Asia and Pacific, Budget planning and preparation, CR, Credit, credit growth, exchange rate, financing, GDP deflator, GDP ratio, Global, growth, growth dividend, growth of remittance, ISCR, medium-term growth, Nepalese rupee, Nepali authorities, real GDP, South Asia
International Monetary Fund. Asia and Pacific Dept "Nepal: 2017 Article IV Consultation-Press Release; Staff Report", IMF Staff Country Reports 2017, 074 (2017).
Content in this bundle
- Country Report