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Economy News
 
Nepal’s economy grows by 6.5pc in FY 2018/19: IMF
18-Feb-2019

Nepal’s Gross domestic product (GDP) is estimated to have expanded by 6.3 per cent in Fiscal Year (FY) 2017/18 (mid-July 2017 to mid-July 2018), and headline inflation has averaged 4.2 per cent, held down by subdued food-price inflation. The press release issued by International Monetary Fund (IMF) states that Nepal’s economy is enjoying a solid expansion, supported by ongoing reconstruction activity following the 2015 earthquakes and increased growth in manufacturing and tourism-related sectors.

News Source:- https://thehimalayantimes.com/business/nepals-economy-grows-by-6-5-per-centc-in-fy-2018-19-international-monetary-fund/