Nepal, June 11 -- The International Monetary Fund (IMF) has stated that Nepal is making progress in implementing programs under the Extended Credit Facility (ECF). As part of the sixth installment under the ECF, the IMF has approved an additional $42.7 million (approximately Rs 5.84 billion) in support for Nepal.

A team led by IMF Mission Chief Ms Sarwat Jahan visited Kathmandu from May 26 to June 10, 2025. During the visit, the IMF held constructive discussions with Nepali authorities.

Jahan stated that a staff-level agreement was reached between the IMF team and Nepali officials on the policies and reforms required to complete the sixth review under the ECF.

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