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Nepal: Staff Report for the 2002 Article IV Consultation

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  • International Monetary Fund

Abstract

This 2002 Article IV Consultation highlights that Nepal’s real GDP growth is estimated to have slowed to 0.8 percent in 2001/02 from 5 percent in the previous year (fiscal year ending mid-July). Agricultural growth slowed to less than 2 percent from more than 4 percent, reflecting irregular rainfall. The output of nonagricultural sectors was largely stagnant, with manufacturing and tourism sectors particularly hit hard by the domestic security situation as well as the global slowdown. Inflation was subdued at about 3 percent, reflecting weak domestic demand and stable Indian prices for most of the year.

Suggested Citation

  • International Monetary Fund, 2002. "Nepal: Staff Report for the 2002 Article IV Consultation," IMF Staff Country Reports 2002/205, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2002/205
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=16080
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    Cited by:

    1. Mr. Vivek B. Arora, 2007. "Monetary Policy Transparency and Financial Market Forecasts in South Africa," IMF Working Papers 2007/123, International Monetary Fund.
    2. Lars E.O. Svensson, 2003. "Escaping from a Liquidity Trap and Deflation: The Foolproof Way and Others," Journal of Economic Perspectives, American Economic Association, vol. 17(4), pages 145-166, Fall.
    3. Loening, Josef L. & Durevall, Dick & Ayalew Birru, Yohannes, 2009. "Inflation Dynamics and Food Prices in an Agricultural Economy: The Case of Ethiopia," Working Papers in Economics 347, University of Gothenburg, Department of Economics.
    4. repec:esr:chaptr:jacb200210 is not listed on IDEAS
    5. Bergin, Adele & Duffy, David & Eakins, John & McCoy, Daniel, 2002. "Forecasting the Public Finances and the Macroeconomic Context for Budget 2003," Papers BP2003/1, Economic and Social Research Institute (ESRI).
    6. Mr. Tamon Asonuma & Gerardo Peraza & Kristine Vitola & Mr. Takahiro Tsuda, 2014. "Sovereign Debt Restructurings in Belize: Achievements and Challenges Ahead," IMF Working Papers 2014/132, International Monetary Fund.
    7. Terry McKinley, 2006. "Gearing Public Finance to Growth, Employment and Poverty Reduction in Moldova," Research Report 3, International Policy Centre for Inclusive Growth.
    8. International Monetary Fund, 2006. "Switzerland: Selected Issues," IMF Staff Country Reports 2006/203, International Monetary Fund.
    9. World Bank, 2005. "Angola : Public Expenditure Management and Financial Accountability," World Bank Publications - Reports 8514, The World Bank Group.
    10. Hend Al-Sheikh & S. Nuri Erbas, 2012. "The Oil Curse and Labor Markets: The Case of Saudi Arabia," Working Papers 697, Economic Research Forum, revised 2012.
    11. Tamon Asonuma & Michael G. Papaioannou & Gerardo Peraza & Kristine Vitola & Takahiro Tsuda, 2017. "Sovereign Debt Restructurings in Belize: Debt Sustainability and Financial Stability Aspects," Journal of Banking and Financial Economics, University of Warsaw, Faculty of Management, vol. 2(8), pages 5-26, October.

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