Nepal Rastra Bank (NRB) has presented a comprehensive overview of Nepal’s current macroeconomic and financial status based on data from the first eight months ending mid-March 2023/24. Inflation and Trade Year-on-year inflation remained stable at 4.82%. Gross foreign exchange reserves reached USD 14.14 billion. Total imports decreased by 2.7%, exports by 4.0%, and trade deficit […]
The Nepal Rastra Bank, the central bank of Nepal, has disclosed the current macroeconomic and financial state of Nepal based on data from the first six months ending mid-January 2023/24. The overall assessment reveals that inflation remained at 5.26% on a year-on-year basis, and the gross foreign exchange reserves reached USD 13.69 billion. Total imports
Nepal Rastra Bank, the central bank of Nepal, has released an overview of the current macroeconomic and financial situation in Nepal, based on data from the first two months ending in mid-September 2023. Inflation and Forex Reserves:The central bank reported an estimated year-on-year inflation rate of 8.19%. Nepal’s gross foreign exchange reserves stood at $12.01
As of mid-June 2023, there was a total outstanding concessional loan of Rs. 203.10 billion given to 147,510 borrowers. Out of this amount, Rs. 139.68 billion was provided to 61,235 borrowers for selected commercial agriculture and livestock businesses. Additionally, Rs. 60.46 billion was given as loans to 83,455 women entrepreneurs. In other specified sectors,
The Asian Development Bank (ADB) forecasts 4.1 percent economic growth in Nepal in 2023, with inflation at 7.4 percent. According to the April 2023 Asian Development Outlook (ADO), Nepal’s economic growth rate is expected to slow in 2023 compared to last year due to tight monetary policy, sluggish domestic demand, the unwinding of pandemic
According to the Nepal Rastra Bank, inflation remained at 7.88 percent year on year. During the mentioned period, the gross foreign exchange reserves stood at USD 10.50 billion, while total imports and exports decreased by 19.9 percent and 29 percent, respectively, and the trade deficit decreased by 18.7 percent. The outstanding concessional loan was Rs.210.96
Before we get into how to become an investor in Nepal, it’s important to understand who an investor is. An investor is someone who puts money into something with the hope of profiting in the future. A return is the benefit derived from such an investment. Investors are always on the lookout for high-yielding investment
