Economic growth of Nepal will slow down amid political transition: World Bank
-
Media Baaji
- Thu, 13 November 2025
Kathmandu. Reflecting the impact of last September's movement and subsequent political instability, the latest economic report of the World Bank predicts that Nepal's growth will decrease from 4.6 percent in fiscal year 2025 to 2.1 percent in fiscal year 2026. In the financial year 2027, it is estimated that the economic growth rate will reach 4.7 percent due to the progress in reconstruction efforts.
According to the Nepal Development Update Report released today, the service sector will be affected the most. However, this projection is still uncertain. The success of political change and the assurance of sustainable and sound economic management will encourage investors and accelerate economic reforms. As a negative aspect, it is also estimated that the continuous uncertainty may discourage investors.
"In order to restore business confidence and speed up the revival, the government of Nepal has announced a unified business revival plan, under which it has managed facilities such as grants, tax exemptions and operational support," Finance Minister Rameshwar Prasad Khanal said. It is the goal of the government of Nepal.
Related News
Dharmaraj KC of RSVP won in Lamjung by defeating Prithvisubba
Lamjung. Dharmaraj KC of the National Independent Party RSVP has won in Lamjung as part of the House of Representatives election. According to Shishirraj Dhakal, Chief Electoral Officer of the Chief Election Office Lamjung, KC received 33 thousand...
KP Oli responsible for the incident of August 23: Ishwar Pokharel
Kathmandu. CPN-UML leader Ishwar Pokharel has claimed that party president KP Oli is the main person responsible for the incident on August 23. Addressing the thanksgiving gathering of his panel held at Karki Banquet, Pokharel said, "We reject par...
United students will protest against the decision to ban student organizations
Kathmandu. After the government decided to ban student organizations under the 'Governmental Reforms', the United Student Movement strongly opposed it and announced the program of the movement. On Friday, the United Students' Organization held a p...
Former Prime Minister Deuba returns home
Kathmandu. Former Prime Minister and former Chairman of Nepali Congress Sher Bahadur Deuba has returned home. He returned home from Bangkok on Thursday. Congress leaders welcomed him at Tribhuvan International Airport.
Former Congress presid...
Celebrating Pushpalal Memorial Day
Kathmandu. The 48th anniversary of Pushpa Lal, the founder general secretary of Nepal Communist Party CPN, is being celebrated today with various programs. Communist parties including CPN-UML, Nepali Communist Party and others are going to celebra...
All writs for restoration of Parliament will be heard simultaneously
Kathmandu. All the cases filed demanding the restoration of the House of Representatives will be heard simultaneously. The Supreme Court on Wednesday ordered to hear the supplementary writ petition filed by 57 outgoing MPs of Congress and 3 from o...