This monsoon, extreme levels of torrential rainfall over much of Nepal caused significant damage and suffering. The Nepali government’s swift deployment of relief efforts following the initial onset of the flood-induced disasters was commendable.
Prime Minister Sher Bahadur Deuba has once again increased the size of his Cabinet. With the induction of three ministers and one state minister, the size of the Council of Ministers now stands at a monstrous 54.
The government is mulling over increasing cash incentives to exporters from the existing two percent to four percent of the total value of exported goods. This is a welcome step as it will promote export, helping the country narrow down a ballooning trade deficit.