News dalla rete ITA

10 Luglio 2020

Nepal

NEPAL MOVES UP TO LOWER-MIDDLE-INCOME COUNTRY, SAYS WORLD BANK REPORT

Nepal has risen up the ranking to a ‘lower-middle-income’ country from a 'low-income' country, the World Bank said in its latest country classifications by income level report. The Himalayan republic's gross national income (GNI) per capita rose to $1,090 in 2019, exceeding the required threshold of $1,036, and pushed it up a notch. The GNI per capita is the country's annual income divided by population. In 2018, it was $960. The classifications, which are updated annually on July 1, are based on GNI per capita. Economists said it was good news but it would be short-lived. Because of the economic downturn with high levels of unemployment at home and abroad triggered by Covid-19, Nepal is likely to return to the status of low-income country this year, they said. (ICE NEW DELHI)


Fonte notizia: The Kathmandu Post