Nepal Rastra Bank - Annual Report 06/07

Economic growth in Nepal remained weak in 2006/07, the country's central bank said in its latest Annual Report.

Political instability, frequent strikes, roadblocks, unfavorable weather, shortages in the supply of petroleum products and blackout constrained the economic growth in the review year. The performance of both agricultural and non-agricultural sector growth remained below par. As a result, real GDP producer prices just grew by 2.5% in 2006/07 compared to a growth of 2.8% in 2005/06.

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