Nepal's first sovereign credit rating

The Fitch rating should encourage the government to create a favourable investment climate.

A few years ago, the government of Nepal attempted to obtain a sovereign credit rating. In simple terms, a sovereign credit rating measures a country’s ability to repay its debts. On November 21, 2024, Nepal finally received a rating from Fitch, one of three American credit rating agencies (Standard & Poor's and Moody's). The ratings range from AAA to D, with AAA being the highest and D the lowest.