Download or read book Nepal written by International Monetary Fund and published by International Monetary Fund. This book was released on 2000-04-03 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: The government of Nepal has pursued policies intended to promote a modern market-oriented economy with the purpose of improving growth performance and prospects. Although the fiscal deficit remains sustainable, financed primarily by foreign aid, budget performance has reflected the prevailing weaknesses in overall fiscal policy implementation. Some progress has been made in the areas of price reform, privatization, and financial sector reform. However, weaknesses in the legislative framework, limited skilled labor, and inadequate basic infrastructures continue to impede private sectoral development.