## 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](https://www.imf.org/en/publications/cr/issues/2017/03/27/nepal-2017-article-iv-consultation-press-release-staff-report-44765)

## Other formats

- [Markdown version](/en/publications/cr/issues/2017/03/27/nepal-2017-article-iv-consultation-press-release-staff-report-44765/index.md)
- [Structured JSON version](/en/publications/cr/issues/2017/03/27/nepal-2017-article-iv-consultation-press-release-staff-report-44765/index.json)
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## Bibliographic details
- Published: March 27, 2017
- Series: IMF Staff Country Reports

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### 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).*

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## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2017/cr1774.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2017/cr1774.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2017/03/27/nepal-2017-article-iv-consultation-press-release-staff-report-44765_