ADB projects Nepal's economy to grow by 4.4% in FY2025 Nepal’s economy is expected to grow by 4.4 percent in fiscal year (FY) 2025, up from an estimated 3.9 percent in FY2024, according to the Asian Development Outlook (ADO) April 2025, released by the Asian Development Bank (ADB). Business 09 Apr, 2025
Country receives Rs 640.43 billion in remittances in five months The consumer price inflation has stood at 6.05 percent in mid-December 2024 compared to 4.95 percent a year ago, according to the central bank. Business 10 Jan, 2025
Credit rating suggests Nepal offers favorable atmosphere for investment: Finance Minister Paudel Deputy Prime Minister and Minister for Finance, Bishnu Prasad Paudel, has said Nepal's sovereign credit rating indicates that Nepal has a favorable environment for investment. Business 02 Dec, 2024
Fitch assigns Nepal 'BB-' rating with stable outlook Fitch Ratings has assigned Nepal a Long-Term Foreign-Currency Issuer Default Rating (IDR) of 'BB-' with a Stable Outlook as of November 21, 2024. Business 22 Nov, 2024
Country receives more than Rs 407 billion in remittances in three months The country received Rs 407.31 billion in remittances in the first three months of the current fiscal year, the central bank said today. Business 19 Nov, 2024
Governor Adhikari says nation's economy is improving The two-day conference features the participation of 60 experts from Nepal, China, the UK, Norway, Spain, and other countries, with 10 working papers set to be presented and discussed. Nepal 12 Sep, 2024
ADB projects Nepal's economy to grow by 3.6 per cent in FY 2024 The Asian Development Bank (ADB) has projected that Nepal’s economy is to grow by 3.6% (at market prices) in fiscal year 2024. Business 11 Apr, 2024
WB projects inflation to remain at 6.7 percent in 2024 The consumer price inflation in Nepal is expected to remain high at 6.7 percent in Fiscal Year 2024, close to the central bank's 6.5 percent ceiling, due to VAT exemptions removal, India's food export restrictions, and increased paddy minimum support prices. Nepal 03 Apr, 2024
Forex reserves reach Rs 1816.57 billion The half-yearly review of the current fiscal year 2080-81 BS( 2-23-24), showed the Gross foreign exchange reserves stood at NPR 1816.57 billion and 13.69 billion in USD terms, with a 18-percent rise in the past six months. Business 06 Feb, 2024
EDITORIAL: Eeconomic scenario Nepal Rastra Bank, the central bank, unveiled is macroeconomic update on Tuesday, revealing gradual economic recovery with improvement in remittance inflows, stable balance of payments (BoP), rising foreign exchange reserves, and narrowing down of the trade gap. Opinion 19 Oct, 2023
Remittance inflows surges, trade deficit narrows, BoP improves The latest macroeconomic update unveiled by the Nepal Rastra Bank (NRB) on Tuesday revealed gradual economic recovery, with improvements in remittance inflows, balance of payments (BoP) and gross foreign exchange reserves and narrowing trade gap. Business 18 Oct, 2023
Various factors hindering Nepal's export potential ​​​​​​​Nepal’s total exports slumped 21.4 per cent to Rs 157.14 billion in the last fiscal year compared to a surge of 41.7 per cent to an all-time high of Rs 200.03 billion in the fiscal year 2021-22. The country’s exports continued to contract in the first month of the current fiscal year, with a drop of 8.7 per cent to Rs 13.53 billion compared to the same month of last fiscal. Business 22 Sep, 2023