Nepal : Selected Issues.

This Selected Issues paper highlights that progress on structural reforms in Nepal stalled during 1994/95 while economic performance deteriorated. Real GDP slowed as agriculture output was depressed by a less favorable monsoon, and exports declined as both the carpet and garment sectors faltered. Al...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1996.
Series:IMF Staff Country Reports; Country Report ; No. 1996/063
Online Access:Full text available on IMF
Description
Summary:This Selected Issues paper highlights that progress on structural reforms in Nepal stalled during 1994/95 while economic performance deteriorated. Real GDP slowed as agriculture output was depressed by a less favorable monsoon, and exports declined as both the carpet and garment sectors faltered. Although the government's domestic borrowing remained low, rapid growth in private credit financed a surge in imports that in combination with weakening export demand led to a sharp reduction of the external surplus. In 1995/96, economic activity rebounded as favorable weather conditions boosted agricultural output, while inflation performance continued to be satisfactory.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (141 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students