YOUR GATEWAY TO INDONESIA AND SOUTHEAST ASIA
Search
xxx hd
No image

Roundup: Nepal faces dilemma between price control, economic growth

KATHMANDU, July 22 (Xinhua) — Nepal is aiming for an 8-percent economic growth for the new 2022-23 fiscal year amid six-year-high inflation, putting the country’s central bank in a tight spot over whether to focus on price control or economic growth.

Nepal’s inflation stood at 8.56 percent in June, a 70-month high, according to Nepal Rastra Bank (NRB), the country’s central bank. Noticeably, the Nepali governme