Nepal has risen to the list of low-middle income countries, says World Bank
KATHMANDU:- As Nepal moves forward on the path to economic prosperity, it has entered the list of low-middle-income countries. According to the latest data released by the World Bank, Nepal is on the list of low middle income countries.
According to the World Bank, the per capital income of Nepalese has increased by US dollar $ 130 compared to last year.
In 2019, the per capital income of Nepalese was 960 US dollars. According to the World Bank report, the per capital income of Nepalese has reached USD 1,090 by July 1, 2020.
World Bank has been classifying countries around the world as high, upper middle, lower middle and low income countries.
The government aims to make Nepal a middle-income country by 2030.