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October 3, 2023
KATHMANDU, Oct 3: The World Bank has projected Nepal's economic growth rate at 3.9 percent in 2024. In its latest semi-annual report titled 'Nepal Development Update: Restoring Export Competitiveness,' the World Bank predicts that Nepal's economy will experience a growth rate of 3.9 percent in the year 2024.
October 3, 2023
Due to the delayed effects of lifted import restrictions, a robust recovery in tourism, and the gradual easing of monetary policies, the World Bank projects Nepal's economy to rebound, reaching 3.9 percent growth in fiscal year 2024.
October 3, 2023
KATHMANDU — Nepal’s economy is expected to rebound to 3.9% in FY24 owing to a lagged impact of the lifting of import restrictions, strong rebound in tourism, and the gradual loosening of monetary policy, according to the World Bank’s twice-a-year cou