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Nepal's economy experiences a significant downturn, hitting its lowest point in 60 years.

Nepal's economy has plunged into recession for the first time in 60 years. The country, on Tuesday, put a forecast at its economic growth rate - this fiscal year would be only 2.16%. However, the forecast from Nepal's national statistical office is lower than the projections of the institutions such as the World Bank and the Asian Development Bank. #nepal #nepalrecession #worldnews About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One. Please keep discussions on this channel clean and respec