This web page presents information about the work of the IMF in Nepal, including the activities of the IMF Resident Representative Office. Additional information can be found on the Nepal and IMF country page, including IMF reports and Executive Board documents that deal with Nepal.

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At a Glance: Nepal's Relations with the IMF

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News and Highlights

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Photos of DMD Zhang visiting to Nepal in November 2017

  • Tao Zhang meeting Nepal Central Bank Governor

    Tao Zhang meeting Nepal Central Bank Governor

  • Tao Zhang meeting the Finance Minister of Nepal

    Tao Zhang meeting the Finance Minister of Nepal

  • Tao Zhang meeting the Finance Minister of Nepal

    Tao Zhang meeting the Finance Minister of Nepal

  • Tao Zhang touring Lomus Pharma factory

    Tao Zhang touring Lomus Pharma factory

  • DMD Zhang delivering a presentation in an interactive session with authorities and representatives of business association and academia.

    DMD Zhang delivering a presentation in an interactive session with authorities and representatives of business association and academia.

  • Tao Zhang with children of Maiti Nepal

    Tao Zhang with children of Maiti Nepal

  • Tao Zhang touring Lomus Pharma factory

    Tao Zhang touring Lomus Pharma factory

  • Tao Zhang handing over the Fund’s Civic Fund donation to Maiti

    Tao Zhang handing over the Fund’s Civic Fund donation to Maiti

  • Tao Zhang visiting Maiti

    Tao Zhang visiting Maiti

  • Tao Zhang meeting Nepal Central Bank Governor

    Tao Zhang meeting Nepal Central Bank Governor

  • Tao Zhang enjoying a presentation by children of Maiti Nepal, along with founder Anuradha Koirala

  • Tao Zhang welcomed at Maiti Nepal by founder Anuradha Koirala and Executive Director Bishwo Ram Khadka

    Tao Zhang welcomed at Maiti Nepal by founder Anuradha Koirala and Executive Director Bishwo Ram Khadka

  • IMF team in front of IMF office

  • Tao Zhang visiting Bhaktapur

    Tao Zhang visiting Bhaktapur

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Nepal and the IMF

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April 29, 2024

April 2024 Regional Economic Outlook for Asia and Pacfic

Steady Growth amid Diverging Prospects

Growth in Asia and the Pacific outperformed expectations in late 2023, reaching 5.0 percent for the year. Inflation has continued to decline, albeit at varying speeds: some economies are still seeing sustained price pressures, while others are facing deflationary risks.In 2024, growth is projected to slow modestly to 4.5 percent. Near-term risks are now broadly balanced, as global disinflation and the prospect of monetary easing have increased the likelihood of a soft landing. Spillovers from a deeper property sector correction in China remain an important risk, however, while geoeconomic fragmentation clouds medium-term prospects. Given the diverse inflation landscape, central bank policies need to calibrate policies carefully to domestic needs. Fiscal consolidation should accelerate to contain debt burdens and debt service cost, in order to preserve budgetary space for addressing structural challenges, including population aging and climate change.
Read the Report