Nepal economic competitiveness

Bagmati Province Leads Nepali GDP Contributions
News

Bagmati Province Leads Nepali GDP Contributions

Bagmati Province has emerged as the frontrunner in contributing to Nepal’s Gross Domestic Product (GDP), while Karnali Province lags behind, according to the latest Provincial GDP Estimates for the fiscal year 2080/81 released by the National Statistics Office (NSO). The report, made public on Wednesday, reveals that Bagmati Province is estimated to account for a […]

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Hyundai Assembly Plant Inaugurated in Nepal
News

Hyundai Assembly Plant Inaugurated in Nepal

Nepal’s Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has reaffirmed the government’s commitment to fostering an investment-friendly environment, driving economic transformation, and bolstering the country’s industrial sector. During the inauguration of the Hyundai Motor Assembling Plant of Laxmi Motor Corporation in Nawalparasi, PM Prachanda emphasized the pivotal role of the private sector in propelling Nepal’s journey […]

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Private Sector Calls for Increased Capital Expenditure to Boost Economic Growth
Business | Finance | Economy

Private Sector Calls for Increased Capital Expenditure to Boost Economic Growth

As Nepal gears up for the presentation of the annual budget for the fiscal year 2024-25 on May 28, the country’s private sector has been counting on the government to target a larger capital expenditure outlay to support higher economic growth amid the ongoing economic slowdown. In a pre-budget discussion organized by the Society of […]

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Nepal’s Economy Projected to Grow by 3.87% This Year: CBS
Business | Finance | Economy

Nepal’s Economy Projected to Grow by 3.87% This Year: CBS

The Central Bureau of Statistics (CBS) has estimated that Nepal’s economic growth rate will be 3.87 percent for the current fiscal year 2080/81. This projection suggests a significant expansion of the Nepali economy by 3.87 percent compared to the previous year’s growth rate of 1.86 percent. According to the details disclosed in the Annual National […]

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