KATHMANDU, MAY 29
Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel presented the Economic Survey for the current fiscal year at today's meeting of the House of Representatives.
The survey projects Nepal's economic growth rate at 4.61 percent for fiscal year 2080/81. Finance Minister Paudel said that all provinces except Madhes, Koshi, and Sudurpaschim are expected to record economic growth above the national average.
According to the survey, the size of the economy is estimated to reach Rs 6.107 trillion. The contribution of agriculture to the Gross Domestic Product (GDP) is projected at 25.16 percent, industry at 12.83 percent, and the service sector at 62.01 percent.
As of the end of Falgun (mid-March), per capita gross national income has increased to USD 1,517. The average consumer inflation stands at 4.72 percent, the survey states.
