Kathmandu: Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel presented the Economic Survey of the current fiscal year at today’s meeting of the National Assembly (NA). The survey outlines an economic growth rate projection of 4.61 percent for the ongoing fiscal year.
According to National News Agency Nepal, Finance Minister Paudel indicated that all provinces, with the exception of Madhesh, Koshi, and Sudurpaschim, are expected to achieve economic growth rates surpassing the national average. The national economy is anticipated to expand to Rs 6,107 billion this fiscal year.
Finance Minister Paudel highlighted that the service sector is projected to contribute the most to the Gross Domestic Product (GDP), accounting for 62.01 percent, while agriculture and the industrial sector are expected to contribute 25.16 percent and 12.83 percent, respectively.
Figures from the Economic Survey reveal that by the end of Falgun in the current fiscal year (mid-March 2025), the per capita gross national income reached USD 1,517. Additionally, the average consumer inflation rate was recorded at 4.72 percent. The next NA meeting is scheduled for 5:15 pm today.