As per word bank Nepal Development update 024 Nepal’s real GDP growth is projected to accelerate to 5.1 percent in FY25 and 5.5 percent in FY26. 

The Census of Agriculture 2021/22 has reported 4,130,789 holdings including 3,999,285 holdings with land and 131,504 holdings without land in Nepal.

Nepal Child Labour Report 2021 reveals that 1.1 million children (15.3%) are engaged in child labour.

According to Nepal Living Standar Survey IV (2022-23 ) 20.27 percent of the population in Nepal lives below the new poverty line.

Based on Nepal Living Standard Survey-IV only 46.5 percent of households can reach a Government Hospital within 30 minutes.

20 percent GDP contribution in average at the cost of more than thousand lives a year. Labor Migration data shows a hard to believe truth. 

Election Commission has announced total number of Voters for the upcoming election. As per the updated data 17988570 voters including 8847579 female voters and 9140806 male voters are eligible to cast vote on the upcoming House of Representative and Provincial election scheduled to take place on 04 Mangsir 2079.

According to the survey by NRB, hydropower sector has been preferred sector for FDI in recent years. 30.8 percent of FDI stock and 40 percent of total paid-up capital is in this sector.

Nepal’s economy is estimated to modestly expand by 4.7% (at market prices) in fiscal year (FY) 2023, down from an estimated growth of 5.8% in FY2022

Election Commission (EC) of Nepal released updated number of Voters in Nepal on 27 March 2022. According to EC there are 17733723 voters eligible to cast vote in the upcoming election.

Nepal’s Population reaches 29164578 with a decreased growth rate of 0.92 percent. Central Bureau of Statistics reveals National Population and Housing Census 2021 held on November 2021.

Nepal’s Paddy production is expected to drop by 8.74 percent in the current fiscal year says Ministry of Agriculture and Livestock Development.

As per the National Tea and Coffee Development Board press release, Nepal faces a decrease in coffee import in the fiscal year 2077/78 BS. According to NTCDB Nepal has imported 266.17 MT coffee in 2076/77 BS with a value of 118.849 million Rupees.

Local government’s are presenting budget for the new fiscal year 2078/79. Who have submitted and who have not? 

All the seven Provinces unveiled Budget for fiscal year 2078/79 on 15th June, Tuesday. Health sector is highly prioritized in all Provincial budget. 

A budget of Rs 1647.57 billion for fiscal year 2077/78 is announced by the government on 29th of May 2021. The 12 percent bigger than that for the ongoing fiscal year.

CBS released Provincial GDP for fiscal year 2077/78. As per the estimates Bagmati contributes highest to national GDP

Nepal’s GDP Growth Rate at Purchaser’s Price is estimated to remain at 4.01 percent in the year 2020/21. It was -2.09 in the year 2019/20. ….

Women in Nepal’s Parliament, Life Expectancy at Birth, Female Headed Households, Economically Active Female Population, Gender Disparity Index, Gender Inequality Index, Child Rape Cases, Child mortality…..

Trend of Coffee Import and Export in Nepal

Nepal produce an average of 470 metric tons of coffee per year. It is cultivated in about 40 districts of the mid-hills. Syangja, Nuwakot, Gulmi, Palpa, Kaski, Kavrepalanchowk, Arghakhanchi, Tanahu, Baglung, Gorkha, Lalitpur are major districts known for coffee production. 

Investment Gap in Agriculture

Nepal’s agriculture sector still has highest share in GDP. And there is still huge number of population depending on agriculture for livelihood. To fill the investment gap in agriculture and productivity an urgent review of investment financing strategy is needed.

Beyond Graduation: Productive Transformation and Prosperity

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Central Bureau of Statistics (CBS) disseminates new base for National Accounts Statistics. According to CBS Rebasing of the National Accounts Series is the process of replacing an old base year with a new and more recent base year for computing constant price estimates. 

National Planning Commission (NPC) has come out with Fifteenth Periodic Plan. According to NPC, the Fifteenth Plan has been formulated as the base plan to achieve fundamental rights, provisions including directive principles and policies of the state, the Sustainable Development Goals, global economic outlook, and commitments of the government made on different occasions. 

Growth in transmission line, System loss, Sectorwise consumption of electricity, Total energy available and peak demand, Consumption of petroleum products…..