Macroeconomic Update: Nepal (March 2016)
FY2016 GDP growth for Nepal is forecasted to slide further down to 1.5%, from 3.0% in FY2015, based on this macroeconomic update for Nepal. Inflation is also projected to increase to 10.5%.
This edition of Macroeconomic Update analyzes the mid-year FY2016 updates on real, fiscal, monetary, and external sectors. It forecasts FY2016 GDP growth to slide further down to 1.5%, from 3.0% in FY2015. Inflation is projected to increase to 10.5%. Revenue collection and expenditure have shrunk compared to previous years, and capital expenditure continues to register negative growth on a year-on-year basis. Increase in remittance inflow post-earthquake and narrowing of trade deficit due to the disproportionate decline in imports relative to exports (as a result of trade disruption) has contributed to current account surplus swelling up significantly.
Background
Produced by ADB's Nepal Resident Mission, Macroeconomic Update is published twice a year.
Contents
- Executive Summary
- Macroeconomic Update
- Real Sector
- Fiscal Sector
- Monetary Sector and Exchange Rate
- External Sector
- Appendixes
- Country Economic Indicators
- Country Poverty and Social Indicators