South Asia s Untapped Potential Can Be Unleashed Through Inclusive Growth miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
A wide gap in formal and informal exchange rate has been one of the factors behind the sharp fall in the foreign exchange reserves in Bangladesh as it shifts remittances from official channels to unofficial routes and impedes repatriation of export proceeds, said the World Bank.
Two major multinational bodies' most recent growth estimates According to the World Bank and the Asian Development Bank, Nepal's GDP growth will most likely be about 4%. Although both organizations anticipated 4.4 percent GDP growth, Nepal's overhang is likely to worsen in the next months given the current health of the economy.