•      Tue Apr 30 2024
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World Bank projects inflation to remain at 6.7 percent in…

Kathmandu, April 3: The consumer price inflation in Nepal is expected to remain high at 6.7 percent in Fiscal Year 2024, close to the central bank's 6.5 percent ceiling, due to VAT exemptions removal, India's food export restrictions, and increased paddy minimum support prices. However, inflation is forecasted to decline

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WB projects Nepal’s economic growth to be 3.3 percent in…

The World Bank (WB) has said that Nepal’s economy is expected to grow by 3.3% in FY24, driven by revived

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WB Country Director calls on Deputy Prime Minister Lamichhane

World Bank Country Director for Nepal Faris Hadad Zervos paid a courtesy call on Deputy Prime Minister and Home Minister

World Bank urged to up development assistance to Nepal

Kathmandu, March 11: Finance Minister Barshaman Pun on Monday held a meeting with Faris Hadad-Zervos, the Country Director of the

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World Bank to provide Rs 26.51 billion loan for growth…

The World Bank has approved Rs 26.51 billion in new financing for two projects in Nepal to support the country’s

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World Bank projects 5 percent economic growth rate in 2024/25

The World Bank (WB) has projected five percent economic growth rate of Nepal for the fiscal year, 2024/25.

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World Bank to invest for Mechinagar road construction

A 14-km blacktopped road will be constructed at Shahidmarga and Suryodayamarga in Mechinagar under the World Bank-supported 'Urban Governance and

Nepal receives 20 million USD in grant aid from World…

The government of Nepal has decided to accept grant aid of 20 million US dollars from the World Bank for

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World Bank Managing Director focuses on resilient development

World Bank Managing Director, Anna Bjerde, concluded her four-day visit to Nepal on Saturday, reiterating the World Bank’s support for

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Nepal to receive 100 million USD loan from World Bank

The Government of Nepal and the World Bank on Thursday exchanged the digitally-signed financing agreements for a 100 million US