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IMF Executive Board concludes the 2026 Article IV Consultation with Nepal and Completes the Seventh Review under the Extended Credit Facility
The IMF Executive Board completed the seventh and final review under the Extended Credit Facility (ECF) Arrangement for Nepal, enabling a disbursement of SDR 31.32 million (about US$ 42.9 million). Nepal has made tangible progress in implementing reforms under the program which has helped preserve macroeconomic and financial stability and build buffers to mitigate the impact of global shocks and domestic uncertainty on economic activity. Growth momentum is expected to pick up, underpinned by reduced domestic uncertainty following the post-elections smooth transition of power and a supportive policy mix for FY2026/27. [...]