Nepal has maintained macroeconomic stability under the Poverty Reduction and Growth Facility Arrangement. Executive …

Over the past several years, Nepal has pursued a prudent fiscal policy, which has resulted in a significant reduction … of public debt as a percentage of GDP. This paper reexamines the fiscal stance in Nepal in light of recent developments …

Nepal’s economy and exposing its structural weaknesses. Although the Nepalese rupee appears modestly overvalued, maintaining … addressed urgently. The Nepal Rastra Bank (NRB)’s recent directives are welcome, but enforcement is crucial to their …

This 2005 Article IV Consultation highlights that Nepal’s economic growth has been affected by the political turmoil …

This Selected Issues paper examines the effect of political instability on economic growth in Nepal. It uses publicly … instability on growth. The findings reveal that Nepal has witnessed higher political instability compared with other countries in … the region. The paper also presents the salient features of political instability and growth for Nepal and other South …

Limited progress has been made in addressing Nepal’s structural weaknesses in tax administration and public financial … structural reforms has been held back by the fragile political circumstances. Public enterprises and the Nepal Oil Corporation …, in particular, pursue quasi-fiscal activities involving significant subsidies. Nepal’s growth prospects depend most …