Economic growth is well below target, inflation is improving
-
Media Baaji
- Thu, 12 February 2026
Kathmandu. The government has released a new forecast that the economic growth rate of the country will be limited to 3.5 percent, which is much lower than the target. While reviewing the current financial year's budget half-yearly, the government initially estimated the growth rate to be 6 percent, but now it has revised it.
The decrease in rice production and productivity, the slowdown in the construction sector and the decline in real estate transactions are considered to be the main reasons for the decline in the growth rate. In the last financial year, the growth rate of gross domestic product was estimated at 4.6 percent.
According to the half-yearly evaluation report of the budget, the initial estimate is that the GDP has increased by 3 percent in the first quarter of the current financial year. During this period, the expansion of the agricultural sector is seen to be only 1.36 percent, in which the decline in rice production is considered to be a factor.
Express
Related News
FPO Allotment of Vijay Laguvitta
Kathmandu. The FPO of Vijay Laguvitta Financial Institution has been distributed today on 6th of January. The FPO of Vijay Laguvitta was distributed this morning at the office of securities sales manager NMB Capital. After the merger of Savik's ne...
Construction of two hydropower projects of 84 megawatt capacity in Rahughat of Myagdi has been completed
Kathmandu. Tundi Power Company has simultaneously constructed two hydropower projects on the Rahughat River that flows through Raghuganga Rural Municipality of Myagdi. Ghuganga Rural Municipality-4, 7 and 8 Ward No. 4, 7 and 8 of the two projects...
Fall in the price of gold, now how much per tola?
Kathmandu. The price of gold has decreased in Nepali market today. Gold tola has fallen by one thousand rupees. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 283,200 rupees per tola today. The price of 10 grams...
Here is the foreign currency exchange rate for today
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 152 rupees 67 paisa and the selling rate is 152 rupees 27 paisa.
The b...
After the highway was blocked, gas for Kathmandu valley started to be filled from outside
Chitwan. After the road was washed away in Krishnabhir on the Prithvi Highway, cooking gas has been filled and sent to the valley in the industries outside the federal capital Kathmandu. Since the gas-laden bullets could not enter Kathmandu due to...
Electricity and water lines were cut in 63 industries on the same day
- Kathmandu. Industrial Area Management Limited cut the water and electricity lines of 63 industries in one day. After not paying the rent and fees even using the government land, buildings and infrastructure of the industrial area for a long t...