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    Macroeconomic Update Nepal

    Asian Development Bank | April 2019
    Abstract
    Gross domestic product (GDP) growth edged down to an estimated 6.3% in fiscal year 2018 (FY2018, ended 16 July 2018) from 7.9% in fiscal year 2017 that accelerated from a low base (Figure 1). Floods of August 2017 crimped paddy production by 1.5% compared to the previous year. Manufacturing grew by 8.0%, though down from 9.7% a year earlier, on increased availability of electricity. Construction grew at a sustained pace with the sub-sector taking off at sub-national levels and the renewed acceleration of post-earthquake reconstruction. Several small sized hydropower projects commenced operation, raising the installed electricity capacity by 10.5% in FY2018 (Figure 2). Tourists’ arrival (Figure 3) increased favoring the expansion of hotels and restaurants and travel and communication services as the economy recovered from the 2015 earthquakes and the September 2015 –February 2016 trade and supply disruptions, further bolstered by the prospects of a more stable socio-political environment.
    Citation
    Asian Development Bank. 2019. Macroeconomic Update Nepal. © Asian Development Bank. http://hdl.handle.net/11540/9964. License: CC BY 3.0 IGO.
    Keywords
    Macroeconomic
    Macroeconomic Analysis
    Macroeconomic Framework
    Macroeconomic Models
    Macroeconomic Performance
    Macroeconomic Planning
    Macroeconomic Policies
    Macroeconomic Reform
    Macroeconomic Stabilization
    Results-Based Monitoring And Evaluation
    Project Evaluation & Review Technique
    Project Evaluation
    Program Evaluation
    Performance Evaluation
    Operations Evaluation
    Evaluation Methods
    Evaluation
    Social condition
    Economic dependence
    Economic assistance
    International monetary relations
    International monetary relations
    International trade
    National accounting
    Market
    Project impact
    Development projects
    Program management
    Performance appraisal
    Project appraisal
    Technology assessment
    Economic indicators
    Growth models
    Gross domestic product
    Macroeconomics
    Economic forecast
    Exports
    Exports
    Exchange
    Comparative economics
    Index number
    Monetary policy
    Value analysis
    Adjustment cost
    Transaction cost
    Conditionality
    International relations
    Cumulative effects assessment
    Grievance procedures
    Participatory monitoring and evaluation
    Exchange rate
    Economic development projects
    Economic policy
    Economic forecasting
    Exchange rates
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    Citable URI
    http://hdl.handle.net/11540/9964
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    nepal-macroeconomic-update-201904.pdf (854.8Kb)
    Author
    Asian Development Bank
    Theme
    Economics
    Evaluation
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise