Nepal's economy shows signs of improvement
18 May 2024
ATHMANDU: There are signs of improvement in the Nepal’s economy dreaded to be down-trending earlier. Compared to the previous fiscal year, although the economy is still under pressure, the economy has shown some positive indications of improvement in the last couple of months.
In the previous fiscal year, the economy was not only in a negative state but seemed shrinking, but the statistics made public by Nepal Rastra Bank on Tuesday, the economy is improving.
At the beginning of last year, there was great pressure in the external sector. There was a big contraction in foreign exchange re...
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