Economic Survey 2080/81: Government Presents Economic Document in Parliament

The government has presented the Economic Survey 2080/81 in Parliament. This document outlines the state of the economy for the current fiscal year. The presentation was made amidst protests from the Nepali Congress.

Finance Minister barshman Pun stated that the country's economic and social indicators are improving. Despite contractions in the manufacturing and construction sectors, the economy is expected to grow by 3.9% due to expansion in agriculture and service sectors. According to Pun, total investment in the current fiscal year is expected to increase by 2.8% to reach NPR 1,741 billion.

Minister Pun also mentioned that per capita income is estimated to reach $1,456. As of February, inflation stood at 6.08%.

He stated that the agricultural sector is expected to grow by 4.2%, and the service sector by 5.5%. However, the manufacturing sector is projected to grow by only 1.5%.

In the current fiscal year, government expenditure is expected to reach NPR 1,450 billion, while revenue collection is projected to be NPR 1,050 billion.

He noted that despite delays in some development projects, several major projects are nearing completion.

Pun also highlighted a significant increase in the country's foreign exchange reserves, which have surpassed NPR 1,200 billion.

He emphasized that new policies and programs will be implemented to improve financial management in the country. "We are committed to ensuring economic governance and transparency," he said.

The Economic Survey 2080/81 provides a detailed overview of the country's economic status and offers guidance for the coming year. This step by the government is expected to further accelerate economic improvement and development in the country.