Economics of Election Manifesto
Nepal is gearing up for parliamentary elections and the major parties including Nepali Congress (NC) and the left alliance (UML-MC) have each come out with their respective manifestos. This #neftake provides an economic perspective on both manifestos. Read more
What Does BoP Mean for an Economy?
As per two months’ data published by Nepal Rastra Bank (Central Bank of Nepal), balance of payment (BoP) deficit for the review period stands at NPR 5,873.8 million (USD 57.46 million)[1]. Put differently, net foreign assets decreased by NPR 5,873.8 million (USD 57.46 million). Read more
Medium-term macroeconomic challenges
Except for a few episodes of growth spurts, economic growth has largely been low yet volatile in Nepal, mostly stagnating below 5%. Similarly, inflation has been stubbornly high, mostly settling in between 6% and 12%. Public expenditure absorption capacity is receding but revenue mobilisation is robust on the back of taxes on remittance-financed imports and domestic consumption. Outstanding public debt is only about a quarter of gross domestic product (GDP). External sector is largely stable, but is vulnerable to fluctuation in remittance inflows. Financial sector is relatively stable, but remains exposed to asset-liability mismatches arising from recurring sources, including reckless lending growth amid slowdown in deposit growth, evergreening of troubled assets and mismanagement. Meanwhile, unemployment rate remains high. Read more
कम्युनिष्टहरुको संयुक्त गठबन्धनले नेपालको सन्दर्भमा के अर्थ राख्छ ?
वाम राजनीतिक दलहरु विभाजन भएका समाचार आइरहनु कुनै अनौठो विषय नभएको नेपालमा अकस्मात् प्रमुख कम्युनिष्ट राजनीतिक शक्तिहरु खासगरी नेपाल कम्युनिष्ट पार्टी – संयुक्त मार्कसिस्ट लेनिनिस्ट (नेकपा – एमाले) कम्युनिष्ट पार्टी – माओवादी केन्द्र (नेकपा–माके) र नयाँ शक्ति नेपाल एक आपसमा एकिकरण गर्ने घोषणाले सबै नेपालीलाई आश्चर्य चकित पारेको छ । यो नेफ्टेकले ९३लभातबपभ० नेपालमा कम्युनिष्ट आन्दोलनको इतिहास र यसले आगामी दिनहरुमा देशलाई कस्तो असर पार्न सक्छ भन्ने विषयमा विश्लेषण गर्ने प्रयत्न गरेको छ । Read more
Macroeconomic Situation: satisfactory but weak foundation for growth
Macroeconomic situation of Nepal is satisfactory, but the foundation of growth is weak due to structural impediments and institutional challenges. The governmentà Read more
Reemergence of United Communists - What Does It Mean For Nepal?
In a country, where split in political parties has been making news, a merger among major leftist forces including Communist Party Nepal-United Marxist Leninist (CPN-UML), Communist Party Nepal -Maoist (CPN-M) and Naya Shakti Nepal took everyone by surprise. This #neftake makes a quick analysis of the history of communist movement in Nepal and provides perspectives on what this could mean for the country. Read more