Nepal Development Update, May 2017 : Strong Rebound, Mounting Risks

Economic activity is rebounding strongly in Nepal following two challenging years. On the back of one of the best monsoons in recent years, rice production is estimated to have reached a record high at 5.2 million tons, up from 4.2 million tons a y...

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Main Author:	World Bank
Format:	Report
Language:	English en_US
Published:	World Bank, Kathmandu 2017
Subjects:	ECONOMIC GROWTH ECONOMIC OUTLOOK INFLATION PUBLIC EXPENDITURE FISCAL TRENDS TRADE REMITTANCES STOCK MARKET RISKS CREDIT CRUNCH
Online Access:	http://documents.worldbank.org/curated/en/785451494512764608/Nepal-development-update-strong-rebound-mounting-risks http://hdl.handle.net/10986/26670

id	okr-10986-26670
recordtype	oai_dc
spelling	okr-10986-266702021-05-25T09:49:12Z Nepal Development Update, May 2017 : Strong Rebound, Mounting Risks World Bank ECONOMIC GROWTH ECONOMIC OUTLOOK INFLATION PUBLIC EXPENDITURE FISCAL TRENDS TRADE REMITTANCES STOCK MARKET RISKS CREDIT CRUNCH Economic activity is rebounding strongly in Nepal following two challenging years. On the back of one of the best monsoons in recent years, rice production is estimated to have reached a record high at 5.2 million tons, up from 4.2 million tons a year ago, boosting agricultural output. Postearthquake reconstruction activities are picking up after a slow start. All eligible houses about half a million have received the first of three tranches of the housing grant. The second tranche of the housing grant has started, and is expected to pick up by the end of FY2017. More than 100 megawatts (MW) of hydropower capacity, which was delayed by the earthquakes and trade disruptions, have come on stream. There has been a revival of transport and full normalization of wholesale and retail trade. Tourism is also recovering as arrivals reached precrisis levels during the September-December 2016 tourist season. 2017-05-19T18:29:28Z 2017-05-19T18:29:28Z 2017-05 Report http://documents.worldbank.org/curated/en/785451494512764608/Nepal-development-update-strong-rebound-mounting-risks http://hdl.handle.net/10986/26670 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Kathmandu Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work 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 en_US
topic	ECONOMIC GROWTH ECONOMIC OUTLOOK INFLATION PUBLIC EXPENDITURE FISCAL TRENDS TRADE REMITTANCES STOCK MARKET RISKS CREDIT CRUNCH
spellingShingle	ECONOMIC GROWTH ECONOMIC OUTLOOK INFLATION PUBLIC EXPENDITURE FISCAL TRENDS TRADE REMITTANCES STOCK MARKET RISKS CREDIT CRUNCH World Bank Nepal Development Update, May 2017 : Strong Rebound, Mounting Risks
geographic_facet	South Asia Nepal
description	Economic activity is rebounding strongly in Nepal following two challenging years. On the back of one of the best monsoons in recent years, rice production is estimated to have reached a record high at 5.2 million tons, up from 4.2 million tons a year ago, boosting agricultural output. Postearthquake reconstruction activities are picking up after a slow start. All eligible houses about half a million have received the first of three tranches of the housing grant. The second tranche of the housing grant has started, and is expected to pick up by the end of FY2017. More than 100 megawatts (MW) of hydropower capacity, which was delayed by the earthquakes and trade disruptions, have come on stream. There has been a revival of transport and full normalization of wholesale and retail trade. Tourism is also recovering as arrivals reached precrisis levels during the September-December 2016 tourist season.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Nepal Development Update, May 2017 : Strong Rebound, Mounting Risks
title_short	Nepal Development Update, May 2017 : Strong Rebound, Mounting Risks
title_full	Nepal Development Update, May 2017 : Strong Rebound, Mounting Risks
title_fullStr	Nepal Development Update, May 2017 : Strong Rebound, Mounting Risks
title_full_unstemmed	Nepal Development Update, May 2017 : Strong Rebound, Mounting Risks
title_sort	nepal development update, may 2017 : strong rebound, mounting risks
publisher	World Bank, Kathmandu
publishDate	2017
url	http://documents.worldbank.org/curated/en/785451494512764608/Nepal-development-update-strong-rebound-mounting-risks http://hdl.handle.net/10986/26670
_version_	1764462355134021632

Nepal Development Update, May 2017 : Strong Rebound, Mounting Risks

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