TY - BOOK ID - 84545857 TI - Nepal : Recent Economic Developments. AU - International Monetary Fund. AU - International Monetary Fund PY - 1997 SN - 1455223778 1452723451 1280960728 1463910142 9786613745941 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Banks and Banking KW - Exports and Imports KW - Taxation KW - Macroeconomics KW - Trade: General KW - Banks KW - Depository Institutions KW - Micro Finance Institutions KW - Mortgages KW - Trade Policy KW - International Trade Organizations KW - Public Enterprises KW - Public-Private Enterprises KW - International economics KW - Banking KW - Public finance & taxation KW - Civil service & public sector KW - Imports KW - Exports KW - Commercial banks KW - Tariffs KW - International trade KW - Public sector KW - Economic sectors KW - Taxes KW - Financial institutions KW - Banks and banking KW - Tariff KW - Finance, Public KW - Nepal UR - https://www.unicat.be/uniCat?func=search&query=sysid:84545857 AB - This paper reviews economic developments in Nepal during 1990–97. With a new government coming to office in December 1994, progress on structural reforms stalled in 1994/95 and financial policies weakened. GDP growth slowed to 2.9 percent, reflecting adverse conditions in agriculture. The external situation deteriorated further in the first quarter of 1995/96 in part because interest rates in Nepal did not rise in line with rates in India, where monetary policy had tightened. Following a further change in government in September 1995, steps were taken to address the emerging macroeconomic imbalances. ER -