Title Nepal : 2010 article IV consultation and request for disbursement under the rapid credit facility--staff report ; staff supplements ; public information notice on the executive board discussion ; press release on the executive board discussion ; and statement by the alternate executive director and advisor for Nepal

Published [Washington, D.C.] : International Monetary Fund, 2010

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Description 1 online resource (1 volume (various pagings)) Series IMF staff country report ; no. 10/185 IMF country report ; no. 10/185. Summary After years of macroeconomic stability, the global crisis is having a substantial, albeit somewhat delayed, impact on Nepal's economy and exposing its structural weaknesses. Although the Nepalese rupee appears modestly overvalued, maintaining the peg should remain a key near-term policy objective. Risks in the financial sector are coming to a head and need to be addressed urgently. The Nepal Rastra Bank (NRB)'s recent directives are welcome, but enforcement is crucial to their effectiveness. Bank licensing policy needs to be tightened, banking sector consolidation incentivized, and state-controlled bank reform tackled Notes Print version record Subject Economic history SUBJECT Nepal -- Economic conditions Nepal -- Economic conditions -- 21st century Subject Nepal Form Electronic book Author International Monetary Fund, issuing body. ISBN 9781455202416 145520241X 9781455207800 1455207802

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