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Nepal: 2015 Article IV Consultation-Press Release Staff Report and Statement by the Executive Director for Nepal

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by International Monetary Fund
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Nepal: 2015 Article IV Consultation-Press Release Staff Report and Statement by the Executive Director for Nepal by International Monetary Fund

This 2015 Article IV Consultation highlights that the earthquakes in April and May and protests and trade disruptions following the promulgation of a new constitution in September have exacerbated the macroeconomic policy challenges facing the Nepalese economy. Real GDP growth is estimated to have decelerated to 3.4 percent in 2014/15 (mid-July 2014 to mid-July 2015) from 5.5 percent in 2013/14. Growth is expected to gradually rebound to about 5.5 percent by 2016/17, as economic activity recovers from the earthquake and reconstruction gains momentum. Inflation is projected to rise to about 8.5 percent over the next 12 months. The medium-term outlook depends importantly on the authorities' reform efforts.

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Ebook Details
Pages: 61
Size: 10.2 MB
Publisher: INTERNATIONAL MONETARY FUND
Date published:   2015
ISBN: 9781513575643 (DRM-EPUB)
9781513504285 (DRM-PDF)

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05/26/2017
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