The International Monetary Fund (IMF) has pledged its support to Nepal’s ongoing economic reform efforts under the new government.
In a virtual meeting with Finance Minister Rameshwar Khanal, IMF Mission Chief Sarwat Jahan said the Fund stands ready to work with Nepal on reform programs and acknowledged the impact of recent political developments on the economy.
Finance Minister Khanal said the immediate priority of the government—formed under special circumstances—is to ensure timely elections to the House of Representatives. At the same time, he emphasized the administration’s commitment to good governance and job creation, aligning with demands raised during the recent Gen Z protests.
Khanal noted that Nepal will continue to accelerate ongoing reform programs, incorporating IMF recommendations. Discussions also reviewed the status of the Extended Credit Facility (ECF), currently being implemented with IMF support.
According to the Finance Minister’s Secretariat, Nepal will soon complete its assessment and submit the sixth review report of the ECF to the IMF board.
