ADB forecasts that economic growth will be limited to 2.7 percent
-
Media Baaji
- Sat, 11 April 2026
Kathmandu. The Asian Development Bank ADB has released a forecast that Nepal's economic growth rate will be limited to 2.7 percent in 2026. According to the 'Asian Development Outlook April 2026' published by ADB, this rate was 4.6 percent in the previous financial year, but this year it was low.
According to ADB's country director for Nepal, Arno Koswa, economic growth is expected to slow down due to political uncertainty, the Genji movement of last August and the ongoing conflict in the Middle East region. Mentioning that if political stability is maintained, it will help the reform program to move forward and increase economic confidence, Koswa said that due to the Middle East conflict, there are risks due to the impact on oil prices, tourism and remittances.
In the report, it is estimated that the economic growth rate will reach five percent in the next financial year. It is expected that the economy will be supported by the improvement in domestic demand, increase in hydropower exports and the revival of the tourism sector as the obstacles seen at present gradually decrease.
Related News
IPO of Super Khudi Hydro worth 1 lakh 28 thousand is open from February 5
Kathmandu. Super Khudi Hydropower Limited is going to issue an IPO for the general public from Monday 5th February to Sunday 10th February. Earlier, it was said that the issue would be opened from February 4th, but the said date has been shifted o...
Authority reviewing electricity tariffs: Preparation to reduce tariffs and increase domestic consumption
Kathmandu. Nepal Electricity Authority has started the review process with the aim of making the electricity tariff structure timely. With the goal of maximum utilization of electricity, expansion of internal consumption and development of consume...
Heavy fall in the price of gold and silver, how much is the transaction going on today?
Kathmandu. The price of gold has decreased in the Nepalese market. Today the price of gold has decreased by 9 thousand 500 rupees per tola. According to the Nepal Gold and Silver Traders Federation, 2 lakh 95 thousand 200 rupees have been fixed in...
NEPSE decreased by 13 points, turnover exceeded 5 billion!
Kathmandu. On the fourth trading day of the week, the NEPSE index fell by 13.35 points to 2635.94 points. Today, when 1.6 million shares of 323 companies were bought and sold, the total turnover reached 5.17 billion rupees.
In trading, the s...
The US dollar, Australian dollar and dinar rose, while the euro and pound gained more
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for Thursday. Today, the exchange rate of all foreign currencies including the US dollar, Australian dollar, Euro, pound, Kuwaiti and Bahraini dinar has increased....
New interest rates of commercial banks for the month of November announced, who reduced how much?
Kathmandu. Commercial banks have published new interest rates for the month of November. According to the published information, 10 out of 20 commercial banks have reduced the maximum interest rate of personal term dep...