Xinhua, Kathmandu :
Agriculture and tourism/service sectors have surpassed the growth of manufacturing sector during the first half of the current fiscal year in Nepal, according to the central bank’s report issued yesterday.
Nepal Rastra Bank unveiled a report titled Economic Activities of 47 Districts, covering study on growth of several sectors including manufacturing, agriculture, transportation, information, technology and communication (ITC) and service/tourism.
According to the report, manufacturing sector performed below the par as it could utilize only 49.87 percent of its total capacity in the first half of the current fiscal year.
The sector which once had more than 20 percent contribution in Nepal’s gross domestic product (GDP) has currently been hardly contributing around six percent in the county’s economic growth due to the low capacity utilization.
