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Nepal 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Nepal. [electronic resource] : - Washington, D.C. : International Monetary Fund, 2015. - 1 online resource (61 p.) - IMF Staff Country Reports . - IMF Staff Country Reports .

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.

ISBN: 151356224X : 18.00 USD

ISSN: 1934-7685

Standard No.: 10.5089/9781513562247.002 doi

Subjects--Topical Terms:
Article IV Consultation Reports
Currency Pegs
Financial Sector
Fiscal Policy
Indian Rupee
Monetary Policy

Subjects--Geographic Terms:
Nepal