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Nepal forecasts 4.61% economic growth for 2024-25, but faces budget underspending issues.
Nepal's Finance Minister projects a 4.61% economic growth for 2024-25, with services contributing 62.01% to GDP, agriculture 25.16%, and industry 12.83%.
Inflation is expected to be 4.72%, and per capita income has risen to $1,517.
Despite this, Nepal's budget underspending averages 35.3% over the past nine years due to project prioritization issues, lack of internal capacity, and corruption.
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Nepal pronostica un crecimiento económico del 4.61% para 2024-25, pero enfrenta problemas de bajo gasto presupuestario.