European Parliament Library

Nepal :, Selected Issues

Abstract
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 optimal level of the fiscal deficit is constrained by the need to achieve and sustain a debt-to-GDP ratio with an acceptable level of vulnerability to distress. The debt sustainability analyses (DSA) framework focuses on the net present value (NPV) of external public and publicly guaranteed debt, though public debt is also analyzed
Table Of Contents
Cover; Contents; I. Nepal-Considerations in the Choice of the Fiscal Stance; A. Introduction; B. Debt; Figure; Figure 1. External Debt, 2000-08; Figure 2. Public Debt, 2000-08; Figure 3. Debt Indicators, 2008; Table 1: Country Ratings, Public Debt Ratios, and Clubs 1/; Figure 4. Nepal: Debt and IIR; Table 2: Debt Thresholds for Nepal; C. Deficits; D. The Level and Composition of the Budget; Figure 5. Fiscal Indicators; Figure 6. Expenditure; E. Conclusion; Figure 7. Revenue and External Aid; Figure 8. GDP Growth, 2000-08; References
Language
eng
Literary Form
non fiction
Note
"June 2008"--Cover
Physical Description
1 online resource (28 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781282846647

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