IMF Staff Country Reports

Nepal: Request for an Extension of the Extended Credit Facility Arrangement-Press Release; and Staff Report

December 9, 2025

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International Monetary Fund. Asia and Pacific Dept "Nepal: Request for an Extension of the Extended Credit Facility Arrangement-Press Release; and Staff Report", IMF Staff Country Reports 2025, 331 (2025), accessed 12/10/2025, https://doi.org/10.5089/9798229027380.002

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Summary

The authorities of Nepal are requesting an extension of the Extended Credit Facility (ECF) arrangement to May 11, 2026. The ECF arrangement is currently due to expire on January 11, 2026. It was approved by the Executive Board on January 12, 2022 for the equivalent of SDR 282.42 million (180 percent of quota) for 38 months, and an extension of 10 months with rephasing of disbursements was approved by the Executive Board on May 1, 2023, without additional access.

Subject: Asset and liability management, Credit, Fiscal policy, Fiscal stance, Money, Sovereign debt restructuring

Keywords: Credit, Fiscal stance, Sovereign debt restructuring

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