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.
Express
Related News
Heavy fall in the price of gold, how much is the transaction?
Kathmandu. On the first trading day of the week, the price of gold decreased in the Nepali market on Sunday. According to the Federation of Nepal Gold and Silver Traders, the price of gold has decreased by 12,500 rupees per tola to 282,000 rupees....
Jan Utthan Laguvitta will not distribute dividends this year as well
Kathmandu. Jan Utthan Community Small Finance Financial Institution Limited will not distribute dividends to the shareholders from the profit of the last financial year. The meeting of the microfinance board of directors held on 26th January decid...
What is the exchange rate of which foreign currency on Wednesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 149 rupees 11 paisa and the selling rate is 149 rupees 71 paisa. Similarly, the...
An increase of 47.22 points in NEPSE, turnover of 7.3 billion
Kathmandu. On the first trading day of the week, NEPSE index increased by 47.22 points to 2647.44. During the day, 1 crore 42 lakh 4 thousand 362 shares of 330 companies were bought and sold, and more than 7.3 billion...
Today, NEPSE increased by 30.75 points, turnover above 9 billion 20 million
Kathmandu. On the first trading day of the week, the stock market NEPSE index increased by 30.75 points and reached the point of 2631.14. On NEPSE, 297 million 38 thousand 139 shares of 300 companies were bought and so...
Apollo Hydropower's IPO to the public
Kathmandu. The IPO sales manager Himalayan Capital, which was opened to the general public by Apollo Hydropower Limited from 26th Chait to 2nd Baisakh, has been distributed today. The company had issued a total of 780 thousand 200 IPO shares to th...