Pandemic derails country’s economic recovery, Nepal Rastra Bank survey suggests

The country’s economy does not appear to be on track to prompt recovery

Dec 06, 2020
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The country’s economy does not appear to be on track to prompt recovery. A central bank survey has shown that production and transactions of various economic sectors remain less than 50 percent of the pre-Covid-19 time.

Results of the follow-up survey conducted by the central bank in November show that production and transactions of various economic sectors — agriculture, industry and services, among others — stand at 47.99 percent of their usual production and transactions before the pandemic.

The results are based on responses from 316 enterprises from across the country. Earlier, the central bank had conducted surveys among 674 industries in June and July, whose results were unveiled in August.

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