IMF approves final review of Nepal's ECF programme, clears $42.9 million disbursement
Summary
The IMF has completed the final review of Nepal's Extended Credit Facility programme and approved $42.9 million in financial assistance following notable economic reforms.
Key Points
- The IMF completed the final review of Nepal's Extended Credit Facility programme.
- Approximately $42.9 million will be disbursed to Nepal following the review.
- Nepal has made significant progress in economic and structural reforms under the programme.
- Nepal's economic growth is projected at 3 percent for fiscal year 2025/26 amid various challenges.
