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Nepal’s growth projected to touch 5.5% in 2016-17: IMF

Nepal’s growth projected to touch 5.5% in 2016-17: IMF

Tuesday, March 28, 2017, 3:57 PM

Nepal’s growth is projected to touch 5.5% in 2016-17 after a slowdown due to the 2015 earthquakes and trade disruptions at the border with India, the International Monetary Fund (IMF) said in its latest annual report on Nepal. “Growth is projected to reach 5.5% in 2016-17 and inflation is expected to undershoot the central bank’s mid-2017 target of 7.5%.”
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