Nepal’s economic growth rate to remain at 2.9 percent in 2021: IMF

Kathmandu / April 7: The International Monetary Fund (IMF) has projected that the Nepali economy will grow by 2.9 percent this year.

Unveiling the World Economic Outlook, the IMF has projected that Nepal’s gross domestic product (GDP) will grow by 2.9 percent, which is above two point percent than the estimated figure by the World Bank. In a report last week, the World Bank projected the country’s economic growth rate at 2.7 percent.

The IMF has estimated that Nepal will grow by 4.2 percent and 5.2 percent respectively in the next two fiscal years. The statistics of the international organizations has kindled hopes that Nepal has started following a recovery path. According to the Central Bureau of Statistics, due to the effect of the pandemic, Nepal’s GDP witnessed a negative growth rate of 1.99 percent in the last fiscal year.

The IMF has also projected the inflation rate to remain at 4.2 percent this year.

Related News

Leave a Reply

टाइप गरेर स्पेस थिच्नुहोस् र नेपाली युनिकोडमा पाउनुहोस। (Press Ctrl+g to toggle between English and Nepali OR just Click on the letter). अंग्रेजीमा टाइप गर्न "अ" मा थिच्नुहोस्।

*

TOP NEWSview all

19 injured on first day of Bisket Jatra

266 new cases of COVID-19; suspects entering Valley to undergo Antigen Tests

Nepal has to focus on exporting value-added products recommends EU Ambassador Deprez

Govt to provide Rs 4 lakh to wining Nepali football team

Health insurance reaches 77 districts




Positive Development Media Pvt. Ltd. / Regd. No: 232 / 073-74

Newbaneshwor
Kathmandu, Nepal

4479401


Editor : Mr. Divesh J.B. Rana Chairperson : Mr. Kishore Thapa


Counter:
Web Counter