Kathmandu, Sept. 23 -- Last month's Bhotekoshi floods have tempered Nepal's growth momentum and may push up inflation in the current fiscal year, which ends in mid-July 2027.

The Asian Development Outlook September 2026, released on Wednesday, has trimmed Nepal's growth forecast by 0.4 percentage point to 4.1 percent for the current fiscal year, largely because of the impact of the August 26 floods. In its July outlook, the Asian Development Bank (ADB) had forecast growth of 4.5 percent.

According to a government assessment, the extreme flood wave, travelling at roughly 188 kilometres per hour, killed over 1,400, left over 6,000 missing and swept away large swathes of land, homes, schools, roads and other critical infrastructure.

Based...