Performance of Nepalese Economy

Nepalese Economic growth under limit

Nepalese Economic growth under limit

With the end of every fiscal year, past performance is evaluated and new strategies are developed according. Few days earlier, fiscal year 2069/70 has been finished and the analysis of annual economy’s performance started. The performance of the last fiscal year 2069/70 does not seems to be satisfactory. Trade deficit, inflation and low economic growth have seen as the major challenge for the country.
The government had expected to have an economic growth of 5.5%, but in actuality, growth has stuck on only 3.6%. The production in agricultural goods has been decreased by 3.7% this year while the expansion on non agriculture increased by 4.98%. The Gross Development Product (GDP) of the country has been increased from 15.36 kharba to 17.01 kharba. It seems that the country is in a way of sluggish improvement. Continue reading

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