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Nepal’s economic growth will be limited to 1.8% in 2020
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KATHMANDU : The World Bank has projected that Nepal’s economic growth will be limited to 1.8 percent by 2020.

Announcing Nepal’s development update, the World Bank has estimated that economic growth will be limited to 1.8 percent due to the impact of the corona virus on the economy.

The bank has said that additional 0.5 percent economic growth could be contracted from this. The World Bank has projected inflation to reach 6.6 percent in 2020 from 4.6 percent in 2019. The World Bank also said that the government’s efforts to rehabilitate the economy affected by COVID19 were not enough.

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