Worldbank

Nepal needs to deepen FDI reforms to encourage new inflows of investment and technology

As Nepal faces one of the most challenging times in its history economically due to various external and internal factors, the support of multilateral partners like the World Bank has become more important than ever for the country. The Washington DC-based agency has been supporting the Himalayan nation in diverse areas for a long time …

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World Bank, ADB Warn of Challenging Days Ahead for Nepal

Both the World Bank and the Asian Development Bank (ADB) have estimated that Nepal’s economy will grow by 4.1 percent in 2023 the HRM Nepal’s economic growth in 2023 is projected to slow basically due to tighter monetary policy, slackened domestic demand, the unwinding of the Covid-19 stimulus, and persistent global headwinds. The two multilateral …

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