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
What is the exchange rate of which foreign currency on Tuesday?
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 147 rupees 43 paisa and the selling rate is 148 rupees 3 paisa. The buying rate...
Now mortgage mortgage online
Kathmandu. Government of Nepal, Land Management and Records Department is going to make the online mortgage bond system compulsory in the land office. This step has been taken to make the service fast, convenient, and middleman-free in line with t...
Export of 1015 MW electricity to India to meet domestic demand on Lakshmi Puja
Kathmandu. Tihar is considered as a festival of lights, light and flowers. The speciality and originality of this festival is celebrating Diwali at home and lighting lamps, lighting the house and decorating it with flowers. Diwali and lights are c...
More liquidity in the banking system, with the National Bank drawing a trillion rupees from the market
Kathmandu. Nepal Rastra Bank is going to issue a 91-day deposit collection tool worth one trillion rupees on Wednesday to manage the continuously increasing excess liquidity in the banking system. Since the last few months, there is more than enou...
20.75 points decline in NEPSE, turnover of 8.36 billion
Kathmandu. On the second trading day of the week, the NEPSE index decreased by 20.75 points to 2642.15. During the day, 25 million 559 thousand 55 shares of 354 companies were bought and sold, and 8 billion 36 million 44 million shares were traded...
The Employment Service Center will now be transformed into an 'Employment, Skills and Entrepreneurship Centre'
Kathmandu. The government has started the process of transforming the employment service centers at the local level across the country into 'employment, skills and entrepreneurship centres'. The Ministry of Youth, Labor and Employment issued a pre...