(AGENPARL) - Roma, 1 Maggio 2023 - (AGENPARL) – lun 01 maggio 2023 [Press Releases](http://www.imf.org/cgi-shl/create_x.pl?pr)
[Open in your browser](https://www.imf.org/en/News/Articles/2023/05/01/pr23131-imf-concludes-2023-article-iv-consultation-with-nepal-and-first-and-second-reviews-ecf?cid=em-COM-123-46484)
https://www.imf.org/en/News/Articles/2023/05/01/pr23131-imf-concludes-2023-article-iv-consultation-with-nepal-and-first-and-second-reviews-ecf?cid=em-COM-123-46484
[IMF Executive Board Concludes 2023 Article IV Consultation with Nepal and Completes First and Second Reviews under the Extended Credit Facility](https://www.imf.org/en/News/Articles/2023/05/01/pr23131-imf-concludes-2023-article-iv-consultation-with-nepal-and-first-and-second-reviews-ecf?cid=em-COM-123-46484)
MAY 01, 2023
https://www.imf.org/en/News/Articles/2023/05/01/pr23131-imf-concludes-2023-article-iv-consultation-with-nepal-and-first-and-second-reviews-ecf?cid=em-COM-123-46484
Completion of the first and second reviews under the Extended Credit Facility (ECF) provides Nepal with access to SDR 39.20 million (about US$52.8 million). Following a strong post pandemic recovery, external shocks and necessary policy adjustment led to a softening of GDP growth. The much needed monetary policy tightening helped stabilize the external position and lower inflation, while the recent mid year budget review is expected to address near term fiscal risks.
[READ MORE](https://www.imf.org/en/News/Articles/2023/05/01/pr23131-imf-concludes-2023-article-iv-consultation-with-nepal-and-first-and-second-reviews-ecf?cid=em-COM-123-46484)
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