World Bank economist says Nepal's economy not in crisis

KATHMANDU, April 21 (Xinhua) -- Nepal's economy is not in crisis as feared by many amid dwindling foreign exchange reserves and ballooning current account deficit caused by surging imports and declining inflows of remittance, a senior economist from the World Bank said Thursday.

"We don't see any economic crisis in Nepal based on current economic indicators of the country," Alice Joan Brooks, senior country economist of the World Bank for Nepal, told the press. "There is no alarming situation," she said.