Stories By 'BHOJ RAJ POUDEL'
Finance minister has come up only with plans and programmes that can be implemented, if tried honestly
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Following the completion of local, provincial and federal elections, there are now 761 governments in the country with full authority to govern as per the constitution.
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The 10th South Asia Economic Summit held in Kathmandu last month aroused hopes and aspirations as it discussed regional cooperation on many fronts, from promoting trade and investment to mitigating the risks of climate change.
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The foundation for sustainable and inclusive economic development has been laid following the election of representatives to all 753 local units.
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That Nepal can and should benefit from its two neighbours, China and India, is an opinion that is echoed across almost all platforms these days. China and India are both on their way to becoming leading economies with lucrative markets and a rising middle class. Nepal shares a 1,400km open border with India, allowing free flow of people and goods. Nepal and China, however, are separated by mountains, and the challenging terrain makes direct interaction between people and flow of goods troublesome.
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The government has projected that the economy would grow by almost 6.5 percent in fiscal year 2016-17.
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