Nepal’s growth faces slowdown amidst domestic and external challenges

Kathmandu: Growth in Nepal this year will be slower than previously projected due to the impacts of import restrictions, monetary policy tightening, higher inflation, and shrinking government expenditure reflecting lower government revenue, according to the World Bank’s twice-a-year country update.

Nepal has $9.2 billion untapped export potential: World Bank

Nepal has untapped export potential worth an estimated $9.2 billion, The Kathmandu Post reported quoting a new World Bank finding.