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Home Digest CURRENT AFFAIRS Economy
Economic slowdown

Economic slowdown

Sudipa Mahatoby Sudipa Mahato
November 15, 2024
in Economy
0

Despite positive exceptions, the overall economic slowdown, cautious investment climate, and high dependency on imports negatively impact the country’s trade balance.

Nepal’s foreign trade has significantly declined in the first ten months of the current fiscal year, with a gap of approximately 271 million dollars in the balance of exports and imports. This decline is primarily attributed to the country’s ongoing economic slowdown.

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Tags: foreign investmentstrade deficittrading partners

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