IMF reports early signs of economic recovery in Nepal, with increased imports and improved tax collections.

The International Monetary Fund (IMF) reports early signs of economic recovery in Nepal, citing increased imports, improved tax collections, and rising public investments. Credit growth is recovering, and inflation has dropped to approximately 3.6%. The IMF urges Nepal to accelerate reform efforts for sustainable growth, focusing on effective public investment execution and enhancing domestic revenue mobilization to ensure a stable economic future.

September 24, 2024
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