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Briefing: South Asia and Nepal Development Update, October 2023

October 5, 2023
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Download the Reports:

Nepal Development Update, October 2023

South Asia Development Update, October 2023

The World Bank invites policy makers, business leaders, analysts and professionals interested in South Asia’s and Nepal’s macroeconomic developments to join the livestream of the Briefing: South Asia and Nepal Development Update, October 2023.

The World Bank’s flagship South Asia Development Update  and Nepal Development Update are produced twice a year to report on key macro-economic developments, outlook, risks, growth projections, and progress on major structural reforms and specific development challenges for the South Asian and Nepali economy.

The event is organized in collaboration with Kathmandu University and the Society of Economic Journalists-Nepal. The event features presentations on the flagship reports and a panel discussion on the topic of Productivity, Exchange Rates, and Exports.


9:00 AM - 9:05 AM

Welcome & Opening Remarks by Faris Hadad-Zervos, World Bank Country Director for Maldives, Nepal, and Sri Lanka

9:05 AM - 9:25 AM     

Presentation of the South Asia Development Update (SADU) by Franziska Ohnsorge, Chief Economist for South Asia Region, World Bank

9:25 AM - 9:45 AM

Presentation of the Nepal Development Update (NDU) by Nayan Krishna Joshi, Economist, World Bank Nepal

9:45 AM - 9:50 AM

Unveiling of SADU and NDU, October 2023

9:50 AM - 10:00 AM

Remarks by Shreekrishna Nepal, Joint Secretary, Ministry of Finance

10:00 AM - 10:30 AM

Panel Discussion on Productivity, Exchange Rates, and Exports

Panel Chair: Dr. Ramesh Chandra Poudel, Honorable Member, National Planning Commission


·  Aarti Rajyalaxmi Rana, Chief Business Officer, Laxmi Sunrise Bank Limited

·  Dorothee Lötscher, Programme Manager/First Secretary for International Cooperation, Embassy of    Switzerland in Nepal

·  Dr. Paras Kharel, Executive Director, South Asia Watch on Trade, Economics and Environment


  Dr. Rajan Krishna Panta, Director, Nepal Rastra Bank

10:30 AM – 10:50 AM 


10:50 AM – 10:55 AM

Closing remarks by Prof. Dr. Bhola Thapa, Vice Chancellor, Kathmandu University

10:55 AM – 11:00 AM

Vote of thanks by Sujan Oli, President of the Society of Economic Journalists-Nepal