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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 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

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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

Finance Minister urges Korean companies to invest in Nepal

Finance Minister Dr Prakash Sharan Mahat, who is in Marrakesh of Morocco in connection with participating in the World Bank

Finance Minister Dr Mahat off to Morocco for WB’s annual…

Minister for Finance Dr Prakash Sharan Mahat has left for Morocco to participate in the annual meeting of the World

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‘World Bank to continue its support to Nepal’

The World Bank has pledged to continue its support for Nepal in its bid for improvement health system.

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World Bank suggests legal, institutional reforms to boost fiscal federalism…

The World Bank (WB) has suggested Nepal that it ensured legal and institutional reforms for effective enforcement of fiscal federalism.