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Nepal’s economic growth tapers off as construction slackens and remittances slow in the first quarter

The country’s GDP is likely to grow at 7 percent this fiscal year, lower than the government’s 8.5 percent target, experts say.Nepal’s economic growth tapers off as construction slackens and remittances slow in the first quarter
Experts say limited post-earthquake reconstruction activities this year, compared to the past two years, may have impacted the overall demand for construction materials. Post File Photo
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Prithvi Man Shrestha
Published at : November 27, 2019
Updated at : November 27, 2019 09:22
Kathmandu

Prithvi Man Shrestha

Prithvi Man Shrestha was a political reporter for The Kathmandu Post, covering the governance-related issues including corruption and irregularities in the government machinery. Before joining The Kathmandu Post in 2009, he worked at nepalnews.com and Rising Nepal primarily covering the issues of political and economic affairs for three years.


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