Govt projects 7 percent economic growth rate

Khabarhub

May 28, 2020

< 1 MIN READ

Govt projects 7 percent economic growth rate
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KATHMANDU: The government has projected a 7 percent economic growth rate for the coming fiscal year.

Announcing the budget for the coming fiscal year 2020/21 on Thursday, Finance Minister Yubaraj Khatiwada said that the inflation would be limited to 7 percent next year.

The government had set a growth target of 8.5 percent for the current fiscal year but has limited it to 2.3 percent due to coronavirus.

Similarly, the government had set a target of limiting inflation to 6 percent in the current fiscal year.

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