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The International Monetary Fund (IMF) appraised Nepal of its economic progress, citing stable conditions in the country over the past few months.<\/p>\n

In its latest update, IMF revised Nepal\u2019s economic growth to 6.5 percent in the current fiscal i.e. more than what it said in its last review. The earlier IMF projections in its World Economic Outlook report show only 5 percent growth for Nepali economy.<\/p>\n

\u201cFollowing a prolonged period of subdued growth, economic activities in Nepal have picked up in recent years. Supported by greater political stability and reliable supply of electricity, the growth is expected to reach 6.5 per cent in 2018-19, on expanding post-earthquake reconstruction activity, services and manufacturing,\u201d reads a statement in the Article IV Consultation Report of IMF released on December 13, 2018.<\/p>\n

Read more<\/a><\/div>\n

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