National

Economic survey presented, projection of 5.5 economic growth

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May 27, 2018 5:14 PM 

KATHMANDU, May 27: Finance Minister Dr YubaRaj Khatiwada presented the economic survey of the current fiscal year and annual status review of public enterprises in the meeting. 

The survey projected a 5.5 economic growth rate in the current fiscal year. It indicates the contribution of agriculture and agro sector to the Gross Domestic Product by 27.6 and 72.4 percent respectively. 

Nepali's per capita income is estimated to stand at US dollar 1,000 in the current fiscal. As per the latest estimates, over 6 million people in Nepal are under absolute poverty and 8 million under the multidimensional poverty line.