Nepal - Joint World Bank-IMF Debt Sustainability Analysis
Nepal’s risk of external debt distress remains low. Under the revised IMF/World Bank Debt Sustainability Analysis Framework for Low Income Countries (LIC-DSF), all debt and debt service ratios are projected to remain below relevant indicative thres...
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World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/970631570771837211/Nepal-Joint-World-Bank-IMF-Debt-Sustainability-Analysis-February-2019 http://hdl.handle.net/10986/32555 |
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okr-10986-325552021-05-25T09:28:39Z Nepal - Joint World Bank-IMF Debt Sustainability Analysis World Bank International Monetary Fund PUBLIC DEBT CONTINGENT LIABILITY PUBLIC AND PUBLICLY GUARANTEED DEBT DEBT SERVICE BURDEN EXTERNAL DEBT SUSTAINABILITY ANALYSIS RISK ASSESSMENT DEBT DISTRESS FISCAL POLICY Nepal’s risk of external debt distress remains low. Under the revised IMF/World Bank Debt Sustainability Analysis Framework for Low Income Countries (LIC-DSF), all debt and debt service ratios are projected to remain below relevant indicative threshold values. Following a prolonged decline, to 25 percent of GDP in mid-2015, the sum of external and domestic public debt rose to 30 percent of GDP in mid-2018. A further rise in total public debt is projected, to about 35 percent of GDP in the medium term and about 48 percent of GDP in the long term, owing to continuing fiscal and current account deficits, as the authorities implement fiscal federalism and aim to put the economy on a higher growth path. Stress tests suggest that debt burden indicators are vulnerable to growth/exports shocks and natural disasters. This underscores the importance of implementing sound macro-economic policies. Efforts to improve the business climate and competitiveness through high-quality public investment and structural reforms would support growth and expand foreign exchange income streams. 2019-10-17T17:38:00Z 2019-10-17T17:38:00Z 2019-02 Report http://documents.worldbank.org/curated/en/970631570771837211/Nepal-Joint-World-Bank-IMF-Debt-Sustainability-Analysis-February-2019 http://hdl.handle.net/10986/32555 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Debt and Creditworthiness Study South Asia Nepal |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
PUBLIC DEBT CONTINGENT LIABILITY PUBLIC AND PUBLICLY GUARANTEED DEBT DEBT SERVICE BURDEN EXTERNAL DEBT SUSTAINABILITY ANALYSIS RISK ASSESSMENT DEBT DISTRESS FISCAL POLICY |
| spellingShingle |
PUBLIC DEBT CONTINGENT LIABILITY PUBLIC AND PUBLICLY GUARANTEED DEBT DEBT SERVICE BURDEN EXTERNAL DEBT SUSTAINABILITY ANALYSIS RISK ASSESSMENT DEBT DISTRESS FISCAL POLICY World Bank International Monetary Fund Nepal - Joint World Bank-IMF Debt Sustainability Analysis |
| geographic_facet |
South Asia Nepal |
| description |
Nepal’s risk of external debt distress
remains low. Under the revised IMF/World Bank Debt
Sustainability Analysis Framework for Low Income Countries
(LIC-DSF), all debt and debt service ratios are projected to
remain below relevant indicative threshold values. Following
a prolonged decline, to 25 percent of GDP in mid-2015, the
sum of external and domestic public debt rose to 30 percent
of GDP in mid-2018. A further rise in total public debt is
projected, to about 35 percent of GDP in the medium term and
about 48 percent of GDP in the long term, owing to
continuing fiscal and current account deficits, as the
authorities implement fiscal federalism and aim to put the
economy on a higher growth path. Stress tests suggest that
debt burden indicators are vulnerable to growth/exports
shocks and natural disasters. This underscores the
importance of implementing sound macro-economic policies.
Efforts to improve the business climate and competitiveness
through high-quality public investment and structural
reforms would support growth and expand foreign exchange
income streams. |
| format |
Report |
| author |
World Bank International Monetary Fund |
| author_facet |
World Bank International Monetary Fund |
| author_sort |
World Bank |
| title |
Nepal - Joint World Bank-IMF Debt Sustainability Analysis |
| title_short |
Nepal - Joint World Bank-IMF Debt Sustainability Analysis |
| title_full |
Nepal - Joint World Bank-IMF Debt Sustainability Analysis |
| title_fullStr |
Nepal - Joint World Bank-IMF Debt Sustainability Analysis |
| title_full_unstemmed |
Nepal - Joint World Bank-IMF Debt Sustainability Analysis |
| title_sort |
nepal - joint world bank-imf debt sustainability analysis |
| publisher |
World Bank, Washington, DC |
| publishDate |
2019 |
| url |
http://documents.worldbank.org/curated/en/970631570771837211/Nepal-Joint-World-Bank-IMF-Debt-Sustainability-Analysis-February-2019 http://hdl.handle.net/10986/32555 |
| _version_ |
1764476785758568448 |