IMF Staff Country Reports

Nepal: Background Paper

Publication Date:

July 20, 1995

Summary:

This Background Paper on Nepal highlights that during 1993/94, overall economic performance was generally favorable. Real GDP grew by nearly 7 percent, largely owing to the good monsoon that helped boost agricultural output significantly above the low levels recorded in the previous year. Inflation remained stable at about 9 percent, closely following price developments in India. Reflecting the substantial improvement in government revenue collections, net domestic financing of the budget deficit was contained at 1 percent of GDP.

Series:

Country Report No. 1995/063

Subject:

Agricultural sector Domestic debt Economic sectors Expenditure Exports Imports International trade Public debt

Notes:

This background paper on Nepal was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.