Nepal: Staff Report for the 2002 Article IV Consultation
September 24, 2002
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This 2002 Article IV Consultation highlights that Nepal’s real GDP growth is estimated to have slowed to 0.8 percent in 2001/02 from 5 percent in the previous year (fiscal year ending mid-July). Agricultural growth slowed to less than 2 percent from more than 4 percent, reflecting irregular rainfall. The output of nonagricultural sectors was largely stagnant, with manufacturing and tourism sectors particularly hit hard by the domestic security situation as well as the global slowdown. Inflation was subdued at about 3 percent, reflecting weak domestic demand and stable Indian prices for most of the year.
Subject: Budget planning and preparation, Commercial banks, Economic sectors, Exports, Financial institutions, International trade, Public enterprises, Public financial management (PFM), Public sector
Keywords: anti-money laundering regime, Asia and Pacific, authorities' poverty alleviation program, authorities' poverty reduction objective, Budget planning and preparation, Commercial banks, CR, design of policy initiative, Exports, Global, government, ISCR, Nepalese authorities, poverty, Public enterprises, public expenditure, Public sector, regime
Pages:
56
Volume:
2002
DOI:
Issue:
205
Series:
Country Report No. 2002/205
Stock No:
1NPLEA0012002
ISBN:
9781451829907
ISSN:
1934-7685
