Nepal: Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility-Staff Report; Staff Supplement; and Press Release on the Executive Board Discussion

Nepal's public debt-to-GDP ratio is set to decline from 68 percent of GDP at end-2002-03 over the medium term. The 2003-04 budget makes a start in implementing the medium-term fiscal strategy. Government spending will be redirected to social sectors, for poverty alleviation, and be better prior...

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Körperschaft: International Monetary Fund (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 2003
Schriftenreihe:IMF Staff Country Reports Country Report No. 03/360
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Zusammenfassung:Nepal's public debt-to-GDP ratio is set to decline from 68 percent of GDP at end-2002-03 over the medium term. The 2003-04 budget makes a start in implementing the medium-term fiscal strategy. Government spending will be redirected to social sectors, for poverty alleviation, and be better prioritized. Monetary policy would remain geared to supporting the exchange rate peg to the Indian rupee. Further steps are envisaged to strengthen the Nepal Rastra Bank (NRB), improve the banking environment, and restructure commercial and development banks
Beschreibung:1 Online-Ressource (77 p)
ISBN:1451829981
9781451829983

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