IME Life New

Government’s dream to increase per capita income to Rs 16.5 lakh

SPIL
Global College
Nepal Life New

Kathmandu. The government has a dream to increase the per capita income to Rs 1.65 million in the next 20 years.

According to the 16th National Plan Report prepared by the National Planning Commission, 2043. Nepal’s per capita income is expected to reach $12,100 (i.e. more than Rs 1.645 million) annually by 2044. 2023. The per capita income was $1,456 (about Rs 2 00,000).

Crest

According to the report, 2023. 2043 compared to 24. Per capita income will increase by 731 percent. According to the World Bank estimates, the per capita income in Nepal in 2023 is $ 1,337.6 (about Rs 182,000).

The World Bank has reduced the per capita income in Nepal in 2023 due to the recent economic slowdown. In 2022, the World Bank had set the per capita income in Nepal at $1,385.9 (about Rs 189,000).

According to the Report of the National Planning Commission, Nepal’s economic growth rate will be 20 years i.e. 2043. It is expected to reach 10.5 percent in 44. While 2022. Nepal’s economic growth rate was only 3.5 percent.

##inline_tags_PLACEHOLDER_17#(Note: in Nepali currency as per current exchange rate of US dollar)

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