Stories By 'HARI PRASAD SHRESTHA'
Nepal is a capital-poor, low-savings and low-investment economy. It needs foreign aid to implement projects and programmes, and is one of the highest foreign aid receiving nations in South Asia.
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During this year’s World Economic Forum, Prime Minister KP Sharma Oli placed particular emphasis on Nepal’s potentials for investment and called upon the global company to invest in the country.
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During the 1980s, Bangladesh and Ethiopia were continually ranked as the poorest countries in Asia and Africa. At the time, they were portrayed as countries of famine and hunger, while Nepal was economically performing better in comparison.
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A fundamental component of any successful development model is a clear, targeted and time specific agenda that outlines how a specified desirable change in society is best achieved.
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India’s refusal to grant two-way western air routes is a barrier for Nepali airlines
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In August this year, trade treaty review committees of Nepal and India sat down together in New Delhi to comprehensively review the Nepal-India Trade Treaty. The bilateral treaty was last revised back in Oct, 2009. The main agenda of the meeting was to discuss ways on how the two countries could narrow down Nepal’s increasing trade deficit with India.
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