Nepal: Fourth Review Under the Extended Credit Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Nepal

Nepal: Fourth Review Under the Extended Credit Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Nepal
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Volume/Issue: Volume 2024 Issue 225
Publication date: July 2024
ISBN: 9798400282331
$20.00
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Money and Monetary Policy , Public Finance , ECF arrangement , UML-NC coalition , Nepali authorities , ECF program implementation , accommodative monetary policy stance , Credit , Debt relief , Global , Asia and Pacific

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Grenada
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Summary

Subdued economic activity has helped strengthen the external position and ease inflation. Growth is expected to rebound to 4.9 percent in FY2024/25, supported by further expansion in hydropower generation and a higher execution rate of public capital expenditure. Inflation is expected to remain within the authorities’ target ceiling of 5.5 percent. Non-performing loans have risen, bank profitability has weakened, and the financial health of savings and credit cooperatives (SACCOs) has deteriorated.

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