गृहपृष्ठ ∕ Business ∕ Country’s GDP projected to limit at 3.9 percent Business Country’s GDP projected to limit at 3.9 percent KathmanduPati January 12, 2022 KATHMANDU – Country’s gross domestic product (GDP) in the current fiscal ( 2021-22) is projected to limit at 3.9 percent, according to the World Bank’s Global Economic Prospects report launched on Wednesday. The projection is based on the COVID-19 vaccine coverage, growth in agricultural productivity and improvements in the service sector.The report points out the possibility that fresh threats from COVID-19 variants and a rise in inflation, debt, and income inequality could endanger the recovery in emerging and developing economies. Likewise, some South Asian nations in course of an economic rebound face the risk of another wave of COVID-19. The report projects that \global growth is expected to decelerate markedly from 5.5 percent in 2021 to 4.1 percent in 2022 and 3.2 percent in 2023 as pent-up demand dissipates and as fiscal and monetary support is unwound across the world. Write your comments RELATED NEWS HoR session: Lawmakers demand timely, effective, coordinated disaster-preparedness efforts PM Oli calls for keeping NRNA intact, dignified and goal-oriented Woman dead as fire occurs in Kathmandu Both twin otter aircraft of NA resume regular flights BJP leader Chauthaiwale calls on Finance Minister Paudel Grade 12 exams will take place as per schedule: NEB Top Headlines Relevance of Prithivi Narayan Shah in Contemporary Nepal1 Scrutinizing Relevance of Prithivi Narayan Shah´s Thoughts and Strategy2 Photo exhibition at Nepal Army Headquarters3 Ncell is the FIRST Nepali Telecom Company to receive ISO 27001 and ISO 27701 certifications for information security and data privacy4 NA team sets out on Gorakha-Kathmandu march to promote ‘unification route’5 Gold price ups Rs 2,000 per tola6 PM Oli extends New Year greetings7 PM Oli, Sri Lankan’s former President meet8 TRENDING Once on the Margins, Women Diplomats Are Now Making Their Mark in Nepal’s Foreign Service Sector Pathao, Tootle resume ride sharing services after authorities relax lockdown What Makes Prithivi Narayan Shah a Philosopher and a Truly Democratic King? The Role of the Nepalese Army in Strategic Road Projects What role has the Nepal Army been playing in controlling the coronavirus? National Poet Madhav Prasad Ghimire no more UPAYA CITY CARGO LAUNCHES Version 3.0 Impact of Social Media on Nepalese Society
