Nepal’s economy projected to grow 3.85 percent this fiscal year: Economic Survey

AI Summary

Nepal’s economy is projected to grow by 3.85 percent this fiscal year, supported by strong remittance inflows and record foreign exchange reserves despite global uncertainties and regional conflicts.

Finance Minister Swarnim Wagle said the country’s macroeconomic indicators have improved despite global uncertainty and regional conflicts, with remittance inflows and foreign exchange reserves reaching record highs.