KATHMANDU: The World Bank has projected that Nepal’s economy will expand by 4.5% in the current fiscal year 2081/82.
In its latest Nepal Development Update, the bank noted an improvement from last year’s estimated 3.9% growth. The forecast suggests further economic recovery, with 5.2% growth expected next year and 5.5% in the following year.
Alongside economic growth, poverty levels in Nepal are also projected to decline. According to the World Bank, poverty is expected to drop to 5.5% in 2025, 4.8% in 2026, and 4% in 2027.
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