Economy

‘Nepal’s growth rebounds despite low private investment, expected to reach 3.3% in 2024’

KATHMANDU: Nepal’s economy is expected to grow by 3.3% in FY24, driven by revived tourism and a pickup in hydropower exports. On the demand side, private consumption will drive growth, supported by a substantial increase in remittance inflows, according to the World Bank’s twice-a-year country development update. The latest...

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