Macro economy up
Nepal balance of payments has increased from a surplus of $3.2 billion to $3.62 billion, and the current account surplus is also at $2.26 billion. Foreign exhcnage reserves are also up to $18.65 billion, up from $15 billion last year. The country registered an economic growth rate of 4.8%, compared to 2.2 last year mainly due to improvements in industry and infrastructure. Robust growth in hydropower generation and consumption, finance and insurance sectors, and mining showed double digit growth. Agriculture also grew, but by only 3.6%.