KATHMANDU, July 10: The Ministry of Finance reported that Nepal's economy has expanded to Rs 6.1 trillion in the current Fiscal Year (FY) 2024/25, with improvements observed in 18 key economic sectors.
According to economic data made public on Thursday, the government stated that compared to the previous FY, the national economy grew by Rs 400 billion. Indicators in sectors such as transportation, construction, health, education, industrial production, electricity and gas, trade, banking and insurance, real estate, IT, agriculture, forestry, and hospitality services have shown positive growth.
Nepal's robust external sector performance outshines sluggish i...
The ministry also highlighted notable increases in both revenue and capital expenditure. Revenue rose by Rs 108 billion, while capital expenditure increased by Rs 36 billion.
Remittance inflow has gone up by 15.5 percent. Meanwhile, exports surged by 77.8 percent compared to the previous year. Imports also rose by 13.1 percent, and credit flow to the private sector grew by 8.7 percent, according to the ministry’s data.
