Economic growth rate of Province-2 put at 3.5% « Khabarhub
Saturday, July 27th, 2024

Economic growth rate of Province-2 put at 3.5%


12 September 2021  

Time taken to read : 2 Minute


  • A
  • A
  • A

DHANUSHA: The government of Province No. 2 has published the Economic Survey 2077/78, a first of its kind of the Province.

According to the economic survey published by the government, the economic growth rate of the Province is 3.5 percent. This is the first time since the formation of the provincial government that the survey has been published, despite the provision to release it in every eight months of a fiscal year.

The economic survey has been made public by incorporating details related to the provincial government’s efforts to achieve the national goal of economic growth through poverty alleviation, job creation, financial sector reform, economic and financial good governance, said Secretary at the Ministry of Finance, Kashiraj Dahal.

The survey includes indicators on finance, financial sector, poverty alleviation, employment, good governance, general administration, agriculture, forest and land reform, industry, tourism and physical infrastructure.

The survey states that agriculture and services have improved despite the negative impact of COVID-19 not only in Province-2 but also in the country’s tourism and other sectors.

In Province-2, the contribution of agriculture, service and industry sector to the GDP was estimated to be 39, 50.2 and 10 percent respectively in FY 2077/78.

According to the survey, Province No. 2, which has a 13.3 per cent share at the national level, has also managed to contribute 13.2 per cent to the country’s gross domestic product in the midst of corona virus pandemic.

Publish Date : 12 September 2021 07:35 AM

Today’s national news in a nutshell

Khabarhub brings you a glimpse of major developments of the

FNCCI respond positively to new monetary policy

KATHMANDU: The Federation of Nepalese Chamber of Commerce and Industry

Sri Lanka to hold first presidential election after economic collapse

NEW DELHI: Sri Lanka will hold its first presidential election

EU Ambassador calls on Foreign Minister Dr Rana

KATHMANDU: Ambassador of the European Union Veronique Lorenzo paid a

Energy Minister pledges full household electrification within two years

KATHMANDU: The Minister for Energy, Water Resources, and Irrigation, Deepak