Asia. The paper shows that the considerable co-movement in headline inflation rates between India and Nepal is driven … driving non-food inflation in Nepal appears limited. The implication is that Nepal should rely on domestic monetary policy … controlling core inflation. Thus, domestic monetary policy needs to be calibrated to domestic inflationary pressures-Nepal cannot …

Over the past several years, Nepal has pursued a prudent fiscal policy, which has resulted in a significant reduction … of public debt as a percentage of GDP. This paper reexamines the fiscal stance in Nepal in light of recent developments …

The rapid growth of the financial system presents a number of challenges to maintaining financial stability in Nepal …

This Selected Issues paper highlights that progress on structural reforms in Nepal stalled during 1994/95 while …