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 Monetary Policy 2024/25: Bank rate and deposit collection rate lowered Hamro Bachat ko Samman ra Sahi Lagani’ – Laxmi Sunrise… Memo handed to PM Oli demanding prompt grant amount to… Six police personnel rescuing pilot from danger awarded Drivers dead as two trucks collide head on NCB and Department of Passports sign MoU on crime control 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 Dhakal recommended as SC chief registrar4 Govt. forms former-judge Poudel led probe commission to investigate Balkumari incident5 President expresses concern over ’emptying’ villages for lack of employment opportunities6 PM Dahal stresses on developing innovative agricultural system7 Manpower agency owner arrested for cheating more than Rs 1.9 million8 TRENDING The Role of the Nepalese Army in Strategic Road Projects A phone call that paved the way for RAW Chief’s visit to Nepal UPAYA CITY CARGO LAUNCHES Version 3.0 Nepal Army’s mission in Lebanon provides Covid support kits to local municipalities Nepal Army initiates investigation into case of financial irregularities by Lieutenant Colonel Janmat Karki We need to be serious about the international scenario post-Covid: Dr. Nischal N. Pandey Why Are Boys Unexpressive? Lockdown 2.0: What the Government should do this time around