Economy Will Grow At Average Of 5.2% For Next Three Years: Report

Tue, Jun 26, 2012 12:00 AM on Others, Others,

 KATHMANDU, June 26:

The nation´s economy would grow at an average of 5.2 percent over the next three fiscal years till 2015 even if the situation in the country remained the same, Institute for Integrated Development Studies (IIDS) -- a Kathmandu-based think tank -- forecasted on Monday.

The agency, which has predicted the growth rate this year to remain at 4.6 percent, has attributed the higher growth to recent improvements in spending of capital expenditure.

Source: Republica