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 16th Plan stresses on integrated infrastructure development, IT use: PM… Bajhang by-election: Construction of Taklakot Road is common election agenda… First meeting of Nepal-China aid projects concludes Laxmi Sunrise relocates two branches inside Kathmandu Valley Minister Bhandari stresses curriculum containing information on earthquake Nepal and Qatar agree on collaboration in eight sectors Top Headlines Nepal, India sign long-term agreement on electricity export, materializing MoU reached during PM’s visit1 NC, Maoist Centre discuss about NA election2 1.3 kilos of gold confiscated from TIA3 Govt. forms former-judge Poudel led probe commission to investigate Balkumari incident4 Dhakal recommended as SC chief registrar5 Manpower agency owner arrested for cheating more than Rs 1.9 million6 President expresses concern over ’emptying’ villages for lack of employment opportunities7 PM Dahal stresses on developing innovative agricultural system8 TRENDING What Makes Prithivi Narayan Shah a Philosopher and a Truly Democratic King? Federal Parliament Secretariat returns badge pins to manufacturer Agriculture: Nepal’s bridge to overcome economic crisis Bam Dev Gautam to become National Assembly member CIAA to take action against 16,700 govt employees for not submitting property details The Cultural and Political History of Indra Jatra Gold price falls Dhakal elected FNCCI senior Vice-chair