Stories Tagged 'Economic growth'
Finance Minister Yubaraj Khatiwada said Thursday that the 2018 federal budget would be fiscally prudent and reflect the government’s fiscal consolidation efforts for stable and higher economic growth.
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Contextual intellectual property protection is needed to accelerate innovation and economic growth in Nepal
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Nepal is likely to witness a “normal” monsoon this year, a precursor to higher summer crop output and economic growth.
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Constant supply

Apr 18 2018

Nepal’s economic growth potential is undoubtedly hampered by its reliance on fossil fuel imports and its landlockedness, both of which raise costs of production. Still, if there is one thing that keeps Nepalis eternally optimistic about the country’s future is its supposedly massive hydro-power potential.
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The Asian Development Bank (ADB) has made an upward revision of Nepal’s economic growth forecast for the current fiscal year beginning mid-July by 0.2 percent to 4.9 percent, attributing it to a better-than-expected paddy harvest despite the August floods.
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In development literature, foreign direct investment (FDI) is regarded as being instrumental for the economic growth of all countries, particularly the developing ones.
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