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Thursday Mar 28, 2024

Economic growth is low


Nepalnews
2023 May 29, 17:00,
Photo:Google

In the current fiscal year, it is seen that the basic price will increase by 2.16 percent. Finance Minister Dr. Prakash Sharan Mahat gave this information while presenting the budget in Parliament today.

Economic growth is low. Due to high-interest rates, there has been a decrease in investment. There is a slowdown in economic activity. Revenue collection is below target. It is estimated that the revenue collection will increase with the removal of restrictions on the import of some items.

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current fiscal year Increase Dr. Prakash Sharan Mahat economic high-interest estimated slowdown revenue Collection
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