Macroeconomic Update: Nepal (April 2018) | Asian Development Bank

Macroeconomic Update: Nepal (April 2018)

Institutional Document | April 2018

Nepal's GDP is forecast to grow by 4.9% in FY2018 and 5.5% in FY2019. Average annual inflation is expected to rise moderately to 5.5% in FY2018 from 4.5% in FY2017.

This edition of Macroeconomic Update’s Issue Focus sheds light on the importance of agricultural commercialization in Nepal and the need for its effective implementation by addressing legal, institutional, financial and infrastructural barriers. Commercialized agriculture via contract and cooperative farming methods can be one of the major sources of revenue generation for the country if practiced on a wider scale. It will not only help generate local employment but also meet domestic demand with improved crop and livestock production and promote export potential of niche agro products.

Contents 

  • Executive Summary
  • Real Sector
  • Fiscal Sector
  • Monetary Sector
  • External Sector
  • Issue Focus: Agriculture development with commercial farming in Nepal
  • Appendixes