Boost Investment In Productive Sectors For Growth

The GDP growth in the first quarter (Q1) of the current fiscal year (FY) failed to catch up with that in the previous Q1. The Q1 growth is estimated to be 3.4 per cent - lower than the previous 3.6 per cent. Nepal has already been facing a headwind to accelerate GDP growth despite multiple efforts through policy reforms and implementation of a host of plans. The real GDP grew by only 4 per cent annually during the last decade. The contraction in Q1's GDP has raised a doubt on whether the government aim of achieving 6 per cent growth this FY could be achieved.