Floods hit growth, but Nepal keeps rating
Nepal maintains its ‘BB-’ sovereign rating for the third consecutive year, supported by strong reserves and concessional borrowing….reports Asian Lite News Desk Nepal has retained its ‘BB-’ sovereign credit rating for the third consecutive year, with Fitch Ratings citing low public debt levels, strong foreign exchange reserves and steady remittance inflows despite mounting debt and the economic impact of devastating floods. The rating marks the third consecutive year Nepal has maintained the same assessment since receiving its first-ever sovereign credit rating in 2024. In its latest report, Fitch said Nepal’s rating was supported by relatively low government and external debt,







































