The economic growth rate for Karnali Province has been officially set at 2.94 percent for the fiscal year 2082/83, according to reports. Financial metrics for the region revealed varying trends across different sectors of the provincial economy during the fiscal period. Manufacturing plants in the province operated at an average capacity utilization rate of merely 30.89 percent, reflecting a generally subdued industrial sector. Despite this low operating capacity, industrial lending experienced a notable increase of 25.63 percent, reaching NPR 5.07 billion. Construction-related industries captured the largest portion of this industrial credit, taking up 35.99 percent of the total amount. Meanwhile, total deposits within the province expanded by 22.03 percent to hit NPR 111.15 billion, and total credit disbursement grew by 9.79 percent to reach NPR 66.85 billion.
EconomyUpdated
Karnali Province records economic growth of 2.94 percent in FY 2082/83
The provincial economic growth rate has been recorded at 2.94 percent for the fiscal year 2082/83.
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In short
- Karnali Province recorded an economic growth rate of 2.94 percent in fiscal year 2082/83.
- Industrial lending increased by 25.63 percent to reach NPR 5.07 billion during the year.
- Total provincial deposits expanded by 22.03 percent to total NPR 111.15 billion.
From public sources and the WeNepal research team
https://wenepal.com/article/karnali-province-records-economic-growth-of-2-94-percent-in-fy-2082-83-20261030
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