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 Nepali Congress provides financial assistance for Samba’s treatment We will return the savings of cooperative victims within 100… Govt declares three-day public holiday of election PM Karki addresses 61st Session of Human Rights Council: Reaffirms… UN Resident Coordinator Yahia calls on Home Minister Aryal NC President Thapa expresses sorrow over Dhading bus accident Top Headlines Before the Ballots: How Oli Lost the Political Narrative1 Nepali Congress provides financial assistance for Samba’s treatment2 PM Karki addresses 61st Session of Human Rights Council: Reaffirms Nepal’s unflinching commitment to advancing human rights3 Govt declares three-day public holiday of election4 NC President Thapa expresses sorrow over Dhading bus accident5 Dhading bus accident: One more dies, 22 receiving treatment in Kathmandu6 Curfew imposed in Birgunj until further notice7 UN Resident Coordinator Yahia calls on Home Minister Aryal8 TRENDING Once on the Margins, Women Diplomats Are Now Making Their Mark in Nepal’s Foreign Service Sector What Makes Prithivi Narayan Shah a Philosopher and a Truly Democratic King? Tourism entrepreneurs get crash course in Chinese language Chinese NGO Helps Flood Victims in Sindhupalchowk Disaster Relief Action in Nepal Poudel faction meets to pick common candidate for party president Chinese Vice Minister Yezhou arrives in Kathmandu with Chinese President’s message China-developed COVID-19 vaccine ready to go onto market this Dec Unfolding crisis in Nepal
