Migration abroad and the inflow of remittances have contributed to poverty reduction and economic resilience in Nepal, but its economy has struggled to keep pace regionally and globally and has not generated enough quality jobs in non-agricultural sectors, the World Bank report said. "Significant str...
KATHMANDU, Oct. 2 (Xinhua) -- The World Bank on Wednesday projected a growth of 5.1 percent for Nepal in the current 2024-25 fiscal year starting in mid-July, below the Nepali government's 6 percent target. Growing tourist arrivals, more hydropower generation and expected growth in paddy pr...
Everything You Need to Know About USAID Aid Freezes: Impact on Nepal, Consequences, and the Future of U.S. Foreign Assistance An Insight into Nepali Congress 15th General Convention: Potential Presidents, Faction Strengths, and Game-Changing Camps That Could Emerge ...
Standard Chartered Bank donates NPR 37 lakhs and laptops to Maiti Nepal July 12, 2019 Standard Chartered Bank donates Sanitary - Napkin Making Machines to Maiti Nepal June 11, 2019 Standard Chartered Bank Nepal marks World Environment Day by planting 1,000 trees ...
Fund Transfers – Transfer funds within the bank between your Standard Chartered accounts and third-party Standard Chartered account and Instant inward and outward fund transfer to local banks through connectIPS. Instant payments by simply scanning NepalPay QR ...
World Economics estimatesNepal's 2024 GDP at $243 billion in PPP terms(Purchasing Power Parity) and an initial estimate of$255 billion for 2025. This figure is 65% higher than the official estimate published by theWorld Bank. World Economics' methodology incorporates crucial factors often overlooked...
The Nepal government signed an agreement with the World Bank’s Forest Carbon Partnership Facility (FCPF), that will enable the country to receive up to USD 45 million to decrease carbon emissions from deforestation and forest degradation through 2025.
World Bank loan for GRID project against Nepal's interests However, experts and youth activists are apprehensive that the multilateral financial institution is imposing loans for climate resilient and adaptation purposes, for which Nepal is entitled to receive grants instead. They...
Nepal is receiving a loan of Rs 4 billion from the World Bank to construct four signature bridges, first of its kind in Nepal. Chief of the Bridge Division at the Department of Roads, Arjun Jung Thapa, says the assistance has been confirmed recently. ...
ECONOMY World Bank projects Nepal's economic growth at 4.5... ECONOMY Wean Nepal Laghubitta Bittiya issues FPO for gener... ECONOMY Base interest rate of banks falls to three-year lo... ECONOMY IFC, NRB launch report on impact of digital financ... Share your story with us securely...