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 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.
Publication date: July 1995
ISBN: 9781451829846
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International - Economics , current account deficit , current account , domestic borrowing , foreign aid , current account balance

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