Nepal Development Update, May 2016 : Remittances at Risk

World Bank

World Bank, Kathmandu

关键词: LIVING STANDARDS;    AUCTION;    GROWTH RATES;    MONETARY POLICY;    DEFICIT;   

RP-ID  :  106393

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

During 2015, and in the span of six-months, Nepalwas hit by two major shocks. The first one was the April 2015 earthquakes thatcaused a huge loss of life and assets. The secondshock has come in the form of a near completedisruption of external trade following the adoptionof the new Constitution. Reflecting both the earthquake and trade relateddisruptions, inflation spiked to over 12 percent (y/y) by mid-January rising 5 percentage points in justfour months from mid-September 2015. This wasthe highest inflation level since FY2009, with increasesin food and non-food prices contributingequally to the spike. As the trade disruptions ended,inflation has eased to back to single digits.