World Bank to release economic memorandum on Nepal's growth potential

World Bank to release economic memorandum on Nepal's growth potential
Banking & Financial Services
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Ajay Banga, 14th president of the World Bank | Linkedin

The World Bank is set to release a comprehensive report titled "Unlocking Nepal’s Growth Potential: Nepal Country Economic Memorandum" on March 24, 2025. This report provides an in-depth analysis of Nepal's economic performance since 1996 and identifies current challenges along with policy recommendations aimed at accelerating growth.

The memorandum highlights four key areas that could drive stronger future growth for the country. These include strengthening exports, maximizing benefits from migration, enhancing hydropower capabilities, and boosting the digital sector with a focus on ICT services. Each area is explored in detail, offering tangible policy recommendations for policymakers.

The launch event for this report will be broadcast live, providing an opportunity for stakeholders to engage with the findings and discuss strategies for implementation.