Madhes Province Is Expected to Record Weak Economic Growth This Fiscal Year
Summary
Madhes Province is projected to experience weak economic growth this fiscal year due to declining agriculture output and adverse effects on paddy, fishery and forestry sectors.
Key Points
- Madhes Province is expected to record its lowest economic growth rate in the past three years.
- Declining contributions from paddy, fishery, and forestry sectors are impacting the economy.
- Agricultural production has shown negative growth for two consecutive years.
- Provincial leaders plan to prioritize agriculture, education, health, infrastructure, and social development in the upcoming budget.
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