Kathmandu, Aug. 20 -- Nepal's economy is significantly more stable than it was when its latest reform effort began in 2022, but the country must now turn that stability into stronger private investment, jobs creation and more inclusive growth, according to Sarwat Jahan, Nepal Mission Chief at the International Monetary Fund.

Speaking to Country Focus, an news and analysis platform run by the IMF, Jahan said Nepal had completed its first IMF-supported programme in nearly two decades and made significant progress despite navigating repeated economic, political and natural shocks.

"Inflation has fallen sharply, international reserves have increased, and the primary fiscal deficit is lower," Jahan said. "Equally important, the country has i...