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
The Australian dollar, euro and pound fell, while the Bahraini dinar rose
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for Monday. Even today, the US dollar remains at a high value. Some currencies, including the Bahraini dinar, have appreciated. According to Nepal Rastra Bank, the...
Foreign currency exchange rate: What is the value of the Kuwaiti dinar and the pound with the US dollar?
Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currency for today. According to the new rate issued by the Central Bank, today the buying rate of one US dollar is 153 rupees 68 paisa and the selling rate is...
NEPSE decreased by 37.63 points throughout the week, how much is the transaction on which day?
Kathmandu. This week, NEPSE index decreased by 37.63 points and reached 2671.07 points. NEPSE, which closed last week at 2708.70 points, decreased by 37.63 points to 2671.07 points this week. The market was open on all five trading days this week....
Seventeen lakh farmers will be listed
Kathmandu. The Ministry of Agriculture and Livestock Development will soon list about 1.7 lakh farmers who are yet to be listed. At the local and regional level, 1.737 thousand farmers were yet to be listed due to some technical reasons including...
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 increased by 5 percent, turnover of 15.78 billion
Kathmandu. Nepal Stock Exchange NEPSE increased by 5.01 points to 2936.56 points. Today, when 38 million 73 thousand shares of 342 companies were bought and sold, a turnover of 15.78 billion was made.
Greenery has come in 7 sub-indicators to...