Nepal: Staff Report for the 2001 Article IV Consultation

October 3, 2001

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Nepal: Staff Report for the 2001 Article IV Consultation, (USA: International Monetary Fund, 2001) accessed September 18, 2024

Summary

Nepal showed satisfactory macroeconomic performance despite difficult political circumstances. Executive Directors welcomed the comprehensive program of structural reforms that aimed at poverty reduction, and stressed the need for prudent macroeconomic policies. They appreciated the authorities' strategy to address the negative net worth of the two largest banks, and strengthen the financial sector. They encouraged the authorities to maintain an open trade and investment regime, encourage access to world banks, implement the recommendations of the IMF's multisector statistics mission, and improve the macroeconomic database.

Subject: Budget planning and preparation, Commercial banks, Expenditure, External debt, Financial institutions, Monetary base, Money, Public financial management (PFM)

Keywords: Alcohol restriction, Budget planning and preparation, Central bank, Commercial banks, CR, Global, Government, IMF staff estimate, IMF surveillance overthe, ISCR, Land reform, Monetary base, New land reform law, South Asia, Staff appraisal

Publication Details

Pages:

50
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2001/172
Stock No:

1NPLEA0012001
ISBN:

9781451829891
ISSN:

1934-7685

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