Nepal's GDP growth outlook scaled down to 4.1pc In their separate growth forecast reports published by the World Bank (WB) and the Asian Development Bank (ADB) on Tuesday, the multilateral development partners of the country have trimmed their economic growth forecast for Nepal to 4.1 per cent this fiscal year amidst domestic and external challenges. Business 05 Apr, 2023
Nepal Set to Experience Moderate Growth Amid Global Turmoil A rebound in tourism is projected to support Nepal’s services sector and industrial growth is expected to be strong due to increased hydroelectricity production Opinion 07 Oct, 2022
Slower yet gradual growth expected for Nepal amid global challenges, says World Bank Nepal’s economy, led by recovery of the services sector amid high COVID vaccination rates, is expected to grow by 3.7 per cent in the current fiscal year and 4.1 per cent in the fiscal year 2022-23. However, growth is projected to be slower than previously projected, mostly due to the impacts of the war in Ukraine, the World Bank has said in its regional update. Business 14 Apr, 2022
Service sector As development economists, we are taught to measure a phenomenon by using various techniques to look at cause and effect to subsequently make policy recommendations. But the first step is to know what we are measuring even if we can’t see it. Blogs 29 Nov, 2021
Services-led growth key to Nepal's GRID: WB The economy is expected to grow by 3.9 per cent in fiscal year 2021-22, an improvement over 1.8 per cent growth in fiscal year 2020- 21, but still below pre-pandemic growth averages, according to World Bank’s latest South Asia Economic Focus. Business 08 Oct, 2021
'An important part of a recovery strategy is to integrate the informal sector more into the economy' ​​​​​​​In its recently unveiled twice-a-year regional update titled ‘South Asia Economic Focus’, the World Bank sharply revised up the growth projection of Nepal’s gross domestic product for the current fiscal year to 2.7 per cent from its earlier projection of 0.6 per cent in October. Business 05 Apr, 2021
World Bank projects Nepal's GDP growth at 2.7 per cent With the gradual resumption of economic activities, the World Bank has estimated that Nepal’s gross domestic product will grow by 2.7 per cent in the current fiscal year. Business 01 Apr, 2021
Nepal's GDP projected to grow by 2.7 percent in 2021-22: World Bank World Bank has reported that economies of South Asian countries, which were hit by the pandemic in 2020, are in a state of rebounding - Business 31 Mar, 2021
World Bank revises Nepal�s growth outlook for 2020-21 to 0.6 per cent KATHMANDU, OCTOBER 8 Nepal’s economy is projected to grow by only 0.6 per cent in 2020-21, inching up from an estimated 0.2 per cent in 2019-20 as lockdowns caused by the COVID-19 crisis disrupt economic activity, especially tourism, says the... 09 Oct, 2020
WB projects economy to grow at 7.1pc in current fiscal year Kathmandu, October 13 The World Bank has projected Nepal’s economy to grow at 7.1 per cent in the ongoing fiscal year, primarily driven by private investment and consumption, as per the Economic Update of the World Bank. However, the World Bank... 14 Oct, 2019
Editorial: Keep fiscal order Easy fiscal transfers are likely to increase the dependency of the local governments on the centre instead of trying to raise revenue to finance their expenditure As Nepal transits rapidly from a unitary state to a federal democratic republic, in line... 10 Apr, 2019
Implementation of fiscal discipline challenging at local levels: WB Kathmandu, April 8 The World Bank has said that Nepal’s capacity to sustain service delivery and establish fiscal discipline, particularly at the local levels, remains a major challenge for the economy. The South Asia Economic Focus, released... 09 Apr, 2019
