Bagmati Province Will Lead GDP Contribution in Current Fiscal Year
This is an interesting article about the estimated contribution of Nepal's provinces to the national GDP in fiscal year 2080/81 (ending mid-July 2024). Here are the key takeaways:
· Bagmati Province is expected to be the top contributor to Nepal's GDP, with an estimated 36.4% share.
· Karnali Province is estimated to have the lowest contribution, at 4.3%.
· There have been minor changes compared to the previous fiscal year, with some provinces like Koshi, Madhesh, Karnali, and Sudurpaschim experiencing a slight decline in their GDP contribution.
This data is helpful for understanding the economic landscape of Nepal and the relative contributions of different regions. It can be used by policymakers to make informed decisions about resource allocation and development initiatives aimed at reducing socioeconomic disparities.