May 15, 2024 7:57 PM

Nepal Aims for Economic Growth Surge to 7.3% in 16th Plan

The government of Nepal's policy and program document for the upcoming fiscal year 2081/82 was tabled at a joint meeting of the federal parliament, with President Ram Chandra Paudel addressing the session yesterday. The economic growth rate of Nepal is projected to reach 7.3 per cent in the next five years. President Paudel highlighted refinancing and loan restructuring provisions to assist microfinance borrowers facing difficulties. Additionally, the government announced plans to offer loans t...