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Modest growth of 4.1% forecast for Nepal’s Economy in FY2022

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Modest growth of 4.1% forecast for Nepal’s Economy in FY2022

KATHMANDU, September 22: Nepal’s is anticipated to grow by 4.% (at market prices) in (FY) 2022, up from an estimated growth of 2.3% in FY2021, says Asian Development Outlook (ADO) 2021 Update, a flagship publication of the Asian Development (ADB).

“Growth will largely be supported by the ongoing vaccination campaign against as the national immunization plan remains key to Nepal’s economic recovery,” said ADB Director Nepal Arnaud Cauchois. “Downside risks include the uncertain trajectory of COVID-19, a possible in COVID-19 cases, and subsequent strict c

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