Nepal Development Update : Global Challenges and Domestic Revival

Nepal continues to struggle with the COVID-19 pandemic, but the ongoing COVID-19 vaccination drive has helped to reduce the fatality rate. The country experienced a first wave in March 2020, a second wave in mid-April 2021, and a third wave in Janu...

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Main Author:	World Bank
Format:	Report
Language:	English
Published:	Washington, DC 2022
Subjects:	SERVICE SECTOR GROWTH 2022 ECONOMIC DATA COVID TRADE RECOVERY DEVELOPMENT UPDATE FISCAL AND MONETARY STIMULUS EFFECTS TOURISM RECOVERY PERMANENT JOB LOSS ECONOMIC OUTLOOK ACCELERATING INFLATION
Online Access:	http://documents.worldbank.org/curated/en/099835004122242158/P1774360498cd407a09a4d0e5860fd8fc84 http://hdl.handle.net/10986/37315

id	okr-10986-37315
recordtype	oai_dc
spelling	okr-10986-373152022-04-19T05:10:36Z Nepal Development Update : Global Challenges and Domestic Revival World Bank SERVICE SECTOR GROWTH 2022 ECONOMIC DATA COVID TRADE RECOVERY DEVELOPMENT UPDATE FISCAL AND MONETARY STIMULUS EFFECTS TOURISM RECOVERY PERMANENT JOB LOSS ECONOMIC OUTLOOK ACCELERATING INFLATION Nepal continues to struggle with the COVID-19 pandemic, but the ongoing COVID-19 vaccination drive has helped to reduce the fatality rate. The country experienced a first wave in March 2020, a second wave in mid-April 2021, and a third wave in January 2022. In response, social distancing measures were imposed but gradually became less stringent as COVID-19 progressed from the first to the third wave, driven in part by the COVID-19 vaccination drive that began in January 2021. Vaccination also contributed to a reduction in the fatality rate. As of March 2022, more than 60 percent of the population has received two doses of COVID-19 vaccines. High frequency indicators suggest that the economy continued to recover in the first half of FY22 after rebounding in FY21 from a contraction in FY20. 2022-04-18T22:07:55Z 2022-04-18T22:07:55Z 2022-04-13 Report http://documents.worldbank.org/curated/en/099835004122242158/P1774360498cd407a09a4d0e5860fd8fc84 http://hdl.handle.net/10986/37315 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Report Publications & Research 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	SERVICE SECTOR GROWTH 2022 ECONOMIC DATA COVID TRADE RECOVERY DEVELOPMENT UPDATE FISCAL AND MONETARY STIMULUS EFFECTS TOURISM RECOVERY PERMANENT JOB LOSS ECONOMIC OUTLOOK ACCELERATING INFLATION
spellingShingle	SERVICE SECTOR GROWTH 2022 ECONOMIC DATA COVID TRADE RECOVERY DEVELOPMENT UPDATE FISCAL AND MONETARY STIMULUS EFFECTS TOURISM RECOVERY PERMANENT JOB LOSS ECONOMIC OUTLOOK ACCELERATING INFLATION World Bank Nepal Development Update : Global Challenges and Domestic Revival
geographic_facet	South Asia Nepal
description	Nepal continues to struggle with the COVID-19 pandemic, but the ongoing COVID-19 vaccination drive has helped to reduce the fatality rate. The country experienced a first wave in March 2020, a second wave in mid-April 2021, and a third wave in January 2022. In response, social distancing measures were imposed but gradually became less stringent as COVID-19 progressed from the first to the third wave, driven in part by the COVID-19 vaccination drive that began in January 2021. Vaccination also contributed to a reduction in the fatality rate. As of March 2022, more than 60 percent of the population has received two doses of COVID-19 vaccines. High frequency indicators suggest that the economy continued to recover in the first half of FY22 after rebounding in FY21 from a contraction in FY20.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Nepal Development Update : Global Challenges and Domestic Revival
title_short	Nepal Development Update : Global Challenges and Domestic Revival
title_full	Nepal Development Update : Global Challenges and Domestic Revival
title_fullStr	Nepal Development Update : Global Challenges and Domestic Revival
title_full_unstemmed	Nepal Development Update : Global Challenges and Domestic Revival
title_sort	nepal development update : global challenges and domestic revival
publisher	Washington, DC
publishDate	2022
url	http://documents.worldbank.org/curated/en/099835004122242158/P1774360498cd407a09a4d0e5860fd8fc84 http://hdl.handle.net/10986/37315
_version_	1764486931009241088

Nepal Development Update : Global Challenges and Domestic Revival

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