{
  "title": "Nepal: 2017 Article IV Consultation-Press Release; Staff Report",
  "publication": "IMF Staff Country Reports, March 27, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2017/03/27/nepal-2017-article-iv-consultation-press-release-staff-report-44765",
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  "summary": "This 2017 Article IV Consultation highlights the rebound of Nepal’s economy following a slowdown caused by the 2015 earthquakes and trade disruptions at the southern border. The growth of real GDP at market prices slowed to 0.6 percent in 2015/16 (mid-July 2015 to mid-July 2016).",
  "publishDate": "2017-03-27",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Overview and context",
      "content": "- Highlights the rebound of Nepal’s economy following a slowdown caused by the 2015 earthquakes and trade disruptions at the southern border.\n- 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)."
    },
    {
      "heading": "Inflation and prices",
      "content": "- Trade disruption and shortages of fuel and other essential goods drove up inflation to 12 percent (year over year) in January 2016.\n- Inflation eased subsequently to 3.2 percent in January 2017, mainly because of lower food prices.\n- Inflation is expected to undershoot the central bank’s mid-2017 target of 7.5 percent."
    },
    {
      "heading": "Growth projections and outlook",
      "content": "- Growth is projected to reach 5.5 percent in 2016/17."
    },
    {
      "heading": "Publication and metadata",
      "content": "- Publication date: March 27, 2017\n- Pages: 73\n- Volume: 2017\n- Issue: 074\n- Series: Country Report No. 2017/074\n- Stock No: 1NPLEA2017001\n- ISBN: 9781475589009\n- ISSN: 1934-7685"
    },
    {
      "heading": "Subjects and keywords (as listed)",
      "content": "- Subjects: Banking, Budget planning and preparation, Credit, Expenditure, External debt, Money, Public debt, Public financial management (PFM)\n- 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\n\nInternational Monetary Fund. Asia and Pacific Dept \"Nepal: 2017 Article IV Consultation-Press Release; Staff Report\", IMF Staff Country Reports 2017, 074 (2017).\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2017/03/27/nepal-2017-article-iv-consultation-press-release-staff-report-44765"
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    "Published: March 27, 2017",
    "Series: IMF Staff Country Reports",
    "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).",
    "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 is projected to reach 5.5 percent in 2016/17.",
    "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: 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",
    "**Country Report**"
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