KATHMANDU, April 1: The World Bank (WB) has projected that Nepal will grow by 2.7 percent in the current fiscal year, which shows an improved recovery due to the government’s initiatives to check the spread of COVID-19 and going into prompt action to offer flexible monetary policies and fiscal stimuli.
An intra-party dispute which surfaced this week in the Karnali Provincial Committee of the ruling Nepal Communist Party (NCP), seeking the overthrow of Chief Minister Mahendra Bahadur Shahi, has finally been settled, at least for now.
KATHMANDU, Feb 23: Upbeat with the economic growth rate in the last three years which remained higher than an average of more than six per cent, the government has set its sight on a growth rate of 8.5 per cent in the current fiscal year 2019/20.
KATHMANDU, April 27: The country's economic output is projected to grow by 6.81 percent in the current fiscal year and reach worth Rs 3,464 billion. This is the third consecutive fiscal year with an economic growth rate of over six percent.