Nepal: Staff Report for the 2002 Article IV Consultation
IMF Staff Country Reports, September 24, 2002
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- Nepal: Staff Report for the 2002 Article IV Consultation
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Bibliographic details
- Published: September 24, 2002
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451829907.002
Macroeconomic growth and sectoral performance
- 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.
- Output of nonagricultural sectors was largely stagnant.
- Manufacturing and tourism sectors were particularly hit hard by the domestic security situation as well as the global slowdown.
Inflation and demand conditions
- Inflation was subdued at about 3 percent, reflecting weak domestic demand and stable Indian prices for most of the year.
Institutional and policy topics covered
- Subject areas listed in the report include: Budget planning and preparation, Commercial banks, Economic sectors, Exports, Financial institutions, International trade, Public enterprises, Public financial management (PFM), Public sector.
- Keywords and themes associated with the report include: 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.