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Nepali economy

Talking about tourism promotion

By Prajawal Shrestha My cousin, who has settled down in London, was here on a leave. He came from the Turkish Airlines aircraft. He shared the experience that the aircraft had to take five rounds in the Kathmandu sky while waiting its turn to land at the Trubhuwan International Airport …

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When Nepali rupees become strong

By Prajwal Shrestha At a time when all the economic indicators are showing negative trends, our currency has become stronger against the US dollar. The US dollar had already reached above 110 rupees per unit of dollar. At present, it has come down to around Rs 104 per unit of …

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Nepali education system: Factory producing unemployment

By Prajwal Shrestha On the one hand, we lack skilled manpower, on the other, we have very high rate of educated unemployment. Every year, millions of students pass the SLC examination (now SEE). Those who are able to pay educational expenditure, join plus two class and even they may go …

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What has gone wrong with our economy?

By Prajwal Shrestha The other day, Energy Minister Janardan Sharma revealed that he had wanted to do many things but he didn’t find an environment to work in. He recalled that he had to fight with the gang who were cheating the consumers by showing acute shortage of electricity. In …

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Where is Nepal in OBOR?

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By Prajwal Shrestha Beijing is hosting OBOR (One Belt One Road) Summit in May. Nepal is also invited to attend the Summit. By showing the local election in May, Prime Minister Pushpakamal Dahal has tried to escape from the Summit. This is very much unfortunate for Nepal. As Dahal has …

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Result of surrender

By Prajwal Shrestha Indian ambassador Ranjit Rae returned home yesterday after completing his tenure in Nepal. For the last two/three weeks, he was very busy in attending farewell receptions organised in his honour. The leaders of the Madheshi parties were found competing against each other to organize farewell receptions, reports …

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Financial traitors

By Prajwal Shrestha In a country like Nepal, traitors can be found in every organ of the nation. In economic field also, traitors are active to make Nepal poor and economically dependent on the foreign countries. The previous government led by KP Sharma Oli had introduced a mechanism to construct …

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Failed economy syndrome!

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By Prajwal Shrestha The commercial banks have stopped providing business loans as they are facing liquidity crunch.The banks have hiked the interest rates in fixed deposits to manage the liquidity ratio. There is no money in the market, whereas, the government treasury has increased by hundreds of million rupees as …

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Difficult to understand

By Prajwal Shrestha Nepal is not a rich country having enough funding to invest in the development projects. Therefore, Nepal should select priority projects and utilize the limited resources to complete the priority projects by giving special priority. Of course, we have very limited areas such as water resources, tourism, …

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Can corruption be controlled?

By Prajwal Shrestha The Transparency International (TI) has ranked Nepal as the third most corrupt nation in the South Asia. TI has stated that there is political level corruption in Nepal which is challenging. When the political parties themselves are encouraging corruption and commission, it is virtually difficult to curb …

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