Karnali Province's Economic Growth Estimated at 2.94% in FY 2082/83: NRB Report
Summary
Karnali Province’s economy is estimated to grow by 2.94% in FY 2082/83, according to Nepal Rastra Bank’s annual economic activity report. Agriculture remains the biggest share of the provincial economy, while major infrastructure projects and foreign employment trends continue to shape the region.
Key Points
- Karnali Province’s economy is projected to grow by 2.94% in FY 2082/83, according to Nepal Rastra Bank’s annual economic activity report.
- Agriculture accounts for 31.52% of the provincial economy, with major food crop production rising even as overall agricultural production declined slightly.
- Industrial capacity use averaged 30.98%, while foreign tourist arrivals in Karnali fell by 27.68% during the review year.
- Major infrastructure projects including the Pushpalal Highway, Karnali Corridor, Madan Bhandari Highway and Bheri-Babai Diversion Multipurpose Project continued to progress.
