Nepal Background Paper

This Background Paper on Nepal highlights that during 1993/94, overall economic performance was generally favorable. Real GDP grew by nearly 7 percent, largely owing to the good monsoon that helped boost agricultural output significantly above the low levels recorded in the previous year. Inflation...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1995
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This Background Paper on Nepal highlights that during 1993/94, overall economic performance was generally favorable. Real GDP grew by nearly 7 percent, largely owing to the good monsoon that helped boost agricultural output significantly above the low levels recorded in the previous year. Inflation remained stable at about 9 percent, closely following price developments in India. Reflecting the substantial improvement in government revenue collections, net domestic financing of the budget deficit was contained at 1 percent of GDP.
Physical Description:87 pages
ISBN:9781451829846