The government has lowered Nepal’s economic growth forecast for FY 2025/26 to 3.5 percent, down from the earlier six percent target. The Ministry of Finance cited reduced rice production, slower construction activity, and declining real estate transactions as key reasons in its mid-term review. Previously, growth was estimated at 4.6 percent in FY 2024/25, while the World Bank projects 2.1 percent growth this year.
Minister for Agriculture, Forests and Environment Gita Chaudhary has approved the procedure for distributing more than Rs 1.5 billion in incentive subsidies to sugarcane farmers in the current...
Read more








