Government Presents Economic Survey 2082/83 Highlighting External Sector Strength Amidst Internal Challenges
Summary
The government presented the Economic Survey 2082/83 highlighting strong external sector performance with record remittances and foreign exchange reserves, while noting internal challenges like weak agricultural growth, slow credit demand, and rising public debt.
Key Points
- The external sector is strong with historic high remittances and foreign exchange reserves.
- Economic growth is slowing due to weak agricultural performance and limited capital expenditure.
- Excess liquidity in banks contrasts with low credit demand from the private sector.
- Public debt has risen significantly, increasing fiscal risks for the government.
