Nepal’s economy projected to grow 3.85 percent this fiscal year: Economic Survey
Summary
Finance Minister Swarnim Wagle presented the Economic Survey projecting Nepal's economy to grow by 3.85% in fiscal year 2025-26 with improved macroeconomic indicators and significant progress in social sectors despite global uncertainties.
Key Points
- Nepal's economy is projected to grow by 3.85 percent in fiscal year 2025-26.
- Total public debt reached Rs2.87 trillion, equivalent to 43.6% of GDP.
- Remittance inflows increased by 37.7 percent to Rs1.45 trillion, boosting foreign exchange reserves to a record Rs3.41 trillion.
- Agriculture sector contributes 24% to GDP, with a 4.2% decline in paddy production to 5.7 million metric tonnes.