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WB estimates 5.8 per cent growth rate in 2022

The World Bank (WB) has projected that Nepal's economic growth rate will reach to 5.8 per cent in 2022. Unveiling a report 'Nepal's Development Update, October 2022' on Monday, the WB estimated that Nepal's Gross Domestic Product (GDP) would increase by 5.8 per cent. The WB projected that Nepal's GDP

World Bank
World Bank Group urges Nepal for comprehensive and scaled-up climate…

The World Bank Group has urged Nepal for comprehensive and scaled-up climate action so that climate change will not continue

Gyanendra Karki
Cabinet approves concessional loan of Rs 35 billion from World…

The government has approved Rs 35 billion (275 million USD) concessional loan to be provided by the World Bank.

Nepal, WB sign Rs 12.7 billion Financing Agreement to Support…

The Government and the World Bank (WB) today signed a concessional financing agreement for $100 million (equivalent to Rs. 12.7

WB and USAID providing around Rs. 100 billion aid to…

KATHMANDU: The country is receiving around Rs 100 billion international assistance at a time when the foreign currency reserve is

World Bank
World Bank to provide Rs 18 billion to strengthen Nepal’s…

KATHMANDU: The World Bank is to provide Rs 18 billion under the Finance for Growth development policy credit to strengthen

World Bank
World Bank to support Rs 5 billion for decreasing carbon…

KATHMANDU: The Government of Nepal signed a landmark agreement with the World Bank’s Forest Carbon Partnership Facility (FCPF), under which

World Bank
World Bank approves US$ 200 million for reconstruction

Kathmandu: The World Bank has approved an additional credit of US$ 200 million (NPR 22.82 billion approximately) for the implementation

World Banks projects average economic growth rate of 6.5

Kathmandu, Dec 12, 2019 : The World Bank has projected the economic growth of 6.5 percent for 2020 in Nepal.

World Bank
World Bank says growth in South Asia slows down

WASHINGTON, Oct 14 – In line with a global downward trend, growth in South Asia is projected to slow to 5.9 percent