Nepal [electronic resource] : Recent Economic Developments.

International Monetary Fund
Washington, D.C. : International Monetary Fund, 1999.
IMF eLibrary
IMF Staff Country Reports; IMF Staff Country Report No. 99/18.
IMF Staff Country Reports; IMF Staff Country Report No. 99/18
Government document
1 online resource (87 p.)
Local subjects:
Average tariff. (search)
Average tariff rate. (search)
Balance of payments. (search)
Certificates of deposit. (search)
Commercial banks. (search)
Current account balance. (search)
Current account deficit. (search)
Depreciation allowances. (search)
Direct investment. (search)
Domestic banking system. (search)
Domestic consumption. (search)
Domestic demand. (search)
Domestic goods. (search)
Domestic investment. (search)
Domestic market. (search)
Domestic prices. (search)
Domestic production. (search)
Domestic savings. (search)
Employment growth. (search)
Evidence of fraud. (search)
Exchange rate risk. (search)
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Export market. (search)
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External position. (search)
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Import duties. (search)
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Import statistics. (search)
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Import value. (search)
Imported goods. (search)
Improving customs. (search)
Increasing competition. (search)
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Interest income. (search)
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International standards. (search)
International trade. (search)
Investment companies. (search)
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Member country. (search)
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National trading. (search)
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Oil imports. (search)
Open market. (search)
Per capita income. (search)
Poverty alleviation. (search)
Primary capital. (search)
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Quantitative restrictions. (search)
Reciprocal basis. (search)
Regional trade. (search)
Registration procedures. (search)
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Short-term debt. (search)
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Taxable income. (search)
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World markets. (search)
Nepal. (search)
This paper reviews economic developments in Nepal during 1996–98. During 1997–98, the authorities maintained broad macroeconomic stability and there was an improvement in the external position. However, real GDP growth slowed to below 2 percent in 1997/98 (fiscal year ending July 15) and, after remaining in single digits over the last several years, the 12-month inflation rate accelerated, as food prices jumped owing to temporary agricultural supply factors. Aided by the strong exports in the region and continued generous donor financing, gross official reserves increased in 1997/98 to more than US 00 million.
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