Nepal to grow 4.4 percent this fiscal: ADB

But ongoing tariff rises may cause a global economic downturn, affecting Nepal’s tourism receipts and remittances, and less foreign aid could impact growth.

Nepal’s economy is anticipated to grow by 4.4 percent in the current fiscal year, ending mid-July, up from an estimated growth of 3.9 percent in the past fiscal year, according to the Asian Development Outlook released on Wednesday.