Nepal
- Author: United Nations Economic and Social Commission for Asia and the Pacific
- Main Title: Economic and Social Survey of Asia and the Far East 1956 , pp 144-146
- Publication Date: December 1956
- DOI: https://doi.org/10.18356/20cca693-en
- Language: English
Efforts to achieve currency and exchange stability, and the adoption of a five-year plan, appear as the main events of the year in the Nepalese economy. Restrictions on currency issue, introduction of selective import control and active participation by the newly formed Central Bank (Nepal Rashtra Bank) in the monetary affairs of the country somewhat strengthened the exchange position of the mohur (Nepali rupee) against the Indian rupee. Steps taken by the Government to revive the entrepôt trade and reform its tariff policy were also expected to contribute to exchange stability. Nepal's draft Five-Year Plan (1956/57–1960/61) appeared likely to have the support of substantial foreign aid to help assure its implementation.
© United Nations
ISBN (PDF):
9789210599351
Book DOI:
https://doi.org/10.18356/07ae3d16-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Nepal
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