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World Bank forecasts 5.1pc economic growth for Nepal in FY 2025

KATHMANDU: Nepal’s economic growth is projected to accelerate to 5.1 percent in FY25 from 3.9 percent in FY24, driven by anticipated high tourist arrivals, along with increased hydropower and paddy production, according to the World Bank’s latest economic update, Nepal Development Update: International Migration and Well-being in Nepal, released...

World Bank forecasts 5.1pc economic growth for Nepal in FY 2025
Deposit and loan disbursement surge as Nepal’s economy shows signs of recovery

Deposit and loan disbursement surge as Nepal’s economy shows signs of recovery

NEA struggles to restore power in Ilam, Panchthar, Taplejung after flood damages transmission tower

NEA struggles to restore power in Ilam, Panchthar, Taplejung after flood damages transmission tower

Insurance regulatory authority eases capital requirements for insurance companies

Insurance regulatory authority eases capital requirements for insurance companies

Continuous downpour sparks catastrophic flooding and landslides in Nepal, highlighting climate change vulnerabilities

Continuous downpour sparks catastrophic flooding and landslides in Nepal, highlighting climate change vulnerabilities

Nepal’s power sector faces billions in losses for second year due to floods and landslides

Nepal’s power sector faces billions in losses for second year due to floods and landslides

National disaster turns into profit opportunity: Airline companies exposed their darker side of corporate opportunism

National disaster turns into profit opportunity: Airline companies exposed their darker side of corporate opportunism

Kathmandu’s TIA faces additional pressure as BP Highway disruption shifts Lukla flights

Kathmandu’s TIA faces additional pressure as BP Highway disruption shifts Lukla flights

Major highways across Nepal remain paralyzed due to continuous downpour

Major highways across Nepal remain paralyzed due to continuous downpour

Landslide buries four at Upper Tamakoshi Hydropower Project, status still unknown

Landslide buries four at Upper Tamakoshi Hydropower Project, status still unknown

Heavy rains disrupt hydropower projects across Nepal, 1,300 MW of power production halted

Heavy rains disrupt hydropower projects across Nepal, 1,300 MW of power production halted

Rising water levels in Koshi Barrage halt pedestrian movement, flood risk high

Rising water levels in Koshi Barrage halt pedestrian movement, flood risk high

Continuous rainfall floods Ramechhap’s Manthali airport

Continuous rainfall floods Ramechhap’s Manthali airport

Positive indicators emerge in Nepal’s economy, say MFIs

Positive indicators emerge in Nepal’s economy, say MFIs

Consumers face higher costs as dry fruit prices surge ahead of Festivals

Consumers face higher costs as dry fruit prices surge ahead of Festivals

Remittance inflows jump 18pc, boosting balance of payments surplus

Remittance inflows jump 18pc, boosting balance of payments surplus

Nepal Rastra Bank updates consumer price index with new base year and items

Nepal Rastra Bank updates consumer price index with new base year and items

Prime Minister Oli urges major nations to take responsibility for climate change

Prime Minister Oli urges major nations to take responsibility for climate change

ADB Predicts Gradual Economic Recovery for Nepal in FY 2025

ADB Predicts Gradual Economic Recovery for Nepal in FY 2025

ADB forecasts 3.9% economic growth for Nepal in 2024

ADB forecasts 3.9% economic growth for Nepal in 2024

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