Nepal : Recent Economic Developments.

This paper reviews economic developments in Nepal during 1990-97. With a new government coming to office in December 1994, progress on structural reforms stalled in 1994/95 and financial policies weakened. GDP growth slowed to 2.9 percent, reflecting adverse conditions in agriculture. The external s...

Fuld beskrivelse

Bibliografiske detaljer
Institution som forfatter: International Monetary Fund
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 1997.
Serier:IMF Staff Country Reports; Country Report ; No. 1997/062
Online adgang:Full text available on IMF
Beskrivelse
Summary:This paper reviews economic developments in Nepal during 1990-97. With a new government coming to office in December 1994, progress on structural reforms stalled in 1994/95 and financial policies weakened. GDP growth slowed to 2.9 percent, reflecting adverse conditions in agriculture. The external situation deteriorated further in the first quarter of 1995/96 in part because interest rates in Nepal did not rise in line with rates in India, where monetary policy had tightened. Following a further change in government in September 1995, steps were taken to address the emerging macroeconomic imbalances.
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Fysisk beskrivelse:1 online resource (73 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Adgang:Electronic access restricted to authorized BRAC University faculty, staff and students