The World Bank has projected economic growth for Nepal at 3.7% for 2021-22 and 4.1% for 2022-23. The Nepal government had previously set a growth target of 7% for 2021-22. Alternatively, the Bank has projected inflation of consumer goods at 6% and 5.7% for 2021-22 and 2022-23 respectively. The country was just recovering from Covid when the Ukraine War sparked a global crisis.
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