‘Seven Percent Growth Rate Possible’

Can Nepal Achieve 7 per cent Economic Growth Rate?

‘Seven percent growth rate possible’

Nepal’s economy has every possibility to grow by 7 per cent in the next fiscal provided that there is political stability in the country and the government makes policy changes to encourage the private sector.The government should focus on providing a stable policy environment, integrating growth of the industrial and service sector and making investments in domestic production to displace imports.Similarly, there is a need to boost our agricultural production. However, we should be able to create markets for our agricultural products. 

Dr Posh Raj Pandey

Executive Chairman

South Asian Watch on Trade, Economics and Environment (SAWTEE)