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
Nabil Bank won the Trishuli hydropower case in the Chinese court
Kathmandu. Nabil Bank Limited has succeeded in the case related to the counter guarantee of the Trishuli Hydropower Company Limited project in the Chinese court. Nabil Bank said that after the Chongqing Higher People's Court of China ruled in favo...
Financial statements of companies applying for IPOs will now be subject to mandatory review
Kathmandu. The Nepal Securities Board has implemented a system to review the financial statements of companies applying for initial public issue IPO through accounting experts. The board has issued the 'Standards for Revision of Financial Statemen...
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 determined exchange rate, the buying rate of one US dollar is 146 rupees 6 paisa and the selling rate is 146 rupees 66 paisa.
The b...
The American dollar kept a high point record today, how much is one dollar Nepalese rupee?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed rate, the value of the US dollar has risen and reached its highest point so far. According to the exchange rate, the buying rate of...
Bank interest became cheaper in July, 6 banks cut, which one has how much?
Kathmandu. All 20 commercial banks have announced the new deposit interest rates applicable for the month of July. Looking at the public rates, it is seen that the average interest rate of deposits has further decreased in July compared to J...
The price of gold fell, how much is the transaction per tola today?
Kathmandu. With the ongoing war in West Asia, the price of gold is continuously falling. 2 lakh 75 thousand 500 rupees have been fixed in Nepalese market on Monday. Which price is 6 thousand 500 rupees less than the previous day. According to the...