Stories By 'HARI PRASAD SHRESTHA'
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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Job seekers possess academic degrees but no skills, making them hardly employable
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Infrastructural projects have been stalled since long. It’s time to change that
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Nepal’s banking system is at a crossroads with banks engaged in a tug-of-war over interest rates. The row kicked off after NIC Asia Bank publicly refused to stick to the interest rate ceiling fixed by the Nepal Bankers’ Association (NBA) arguing that it was like creating a cartel.
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The Nepali people are eager to see what kind of development policies the new left alliance government will bring, and how it will implement them.
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With the completion of the elections and the end of political transition, Nepalis expect stability and economic development. Southeast Asian countries that were in a similar position to Nepal in the 1960s have transformed their economies since then.
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