Archive

Economic growth rate of Province-2 is 3.5 percent
https://english.karobardaily.com/2021/09/12/economic-growth-rate-of-province-2-is-3-5-percent/

The government of Province No. 2 has published the Economic Survey 2077/78, a first of its kind of the Province. According to the economic survey published by the government, the economic growth rate of the Province is 3.5 percent. This is the first time since the formation of the provincial government that the survey has been published, despite the provision to release it every eight months of a fiscal year. The economic survey has been made public by incorporating details related to the provincial government’s efforts to achieve the national goal of economic growth through poverty alleviation, job creation, financial sector reform, economic and financial good governance, said Secretary at the Ministry of Finance, Kashiraj Dahal.


The survey includes indicators on finance, financial sector, poverty alleviation, employment, good governance, general administration, agriculture, forest, and land reform, industry, tourism, and physical infrastructure. The survey states that agriculture and services have improved despite the negative impact of COVID-19 not only in Province-2 but also in the country’s tourism and other sectors. In Province-2, the contribution of the agriculture, service, and industry sector to the GDP was estimated to be 39, 50.2, and 10 percent respectively in FY 2077/78. According to the survey, Province No. 2, which has a 13.3 percent share at the national level, has also managed to contribute 13.2 percent to the country’s gross domestic product in the midst of coronavirus pandemic.

Source: www.karobardaily.com