Stories Tagged 'Economic growth'
The government is hopeful of achieving an economic growth rate of 7-8 percent despite a slowdown in capital expenditure.
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Nepal has one last chance to convince foreign investors it seriously means business
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The International Monetary Fund (IMF) revised Nepal’s economic growth forecast for the current fiscal year sharply upward to 6.5 percent from its earlier estimate of 5 percent on expanding post-earthquake reconstruction and the services and manufacturing sectors.
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Nepal’s economy is expected to grow 5.5 percent in the current fiscal year 2018-19, down from 5.9 percent a year earlier, according to the Asian Development Bank (ADB) Nepal Macroeconomic Update released on Wednesday.
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Finance Minister Yubaraj Khatiwada on Wednesday said the annual budget targeting a growth rate of eight percent is realistic, as several sectors would contribute to the country’s economy.
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Finance Minister Yubaraj Khatiwada presented the first federal budget for the fiscal year 2018-19 in Parliament on Tuesday.
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