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...
|a Washington, D.C. :
|b International Monetary Fund,
|c 1996.
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|a 1 online resource (141 pages)
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|a IMF Staff Country Reports
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a 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.
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|a Mode of access: Internet
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|a IMF Staff Country Reports; Country Report ;
|v No. 1996/063
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/002/1996/063/002.1996.issue-063-en.xml
|z IMF e-Library