Kathmandu, Nov. 13 -- The World Bank has projected Nepal's economic growth to slow down sharply to 2.1 percent in 2026, citing the Gen Z uprising and subsequent political instability as key factors behind the downturn. The forecast marks a steep decline from the earlier estimate of 4.6 percent.

Unveiling the Nepal Development Update report in the presence of Finance Minister Rameshwar Khanal, the World Bank stated that the unrest and uncertainty following the youth-led movement have significantly weakened investor confidence and disrupted services-particularly affecting the service sector, which remains the most impacted area.

Published by HT Digital Content Services with permission from Republica....