In Conversation with the Norwegian Ambassador to Nepal, H. E. Kjell Tormod Pettersen.
In Conversation with his Excellency Kjell Tormod Pettersen. His Excellency Kjell Tormod Pettersen was the Ambassador Extraordinary and Plenipotentiary of Norway to Nepal. He has worked as Senior Advisor to the Department for Security Policy and High North issues. He was Minister Counsellor and Deputy Head of Mission at the Norwegian Embassy in Beijing. Read more
Macroeconomic outlook for FY2018
The government’s GDP growth target is 7.2%, up from a 6.9% growth (at market prices) in FY2017, thanks to a favorable base effect, good monsoon, improved energy supply, reconstruction activities and normalization of supplies after two years of disruption (earthquakes in FY2015 and trade blockade in FY2016). Achieving a higher growth rate in FY2018 would require stronger factors than in FY2017. However, this is an unlikely scenario. Read more
FY 2018 Budget Overview
If the revenue target is not met, then the government will for sure try to borrow a large amount of money from the market (usually it doesn’t exhaust its borrowing target unless there is a necessity to tweak the budget figures: for instance, to ensure that the fiscal budget is not in surplus like in the past). Read more
Five Key Pointers from Nepal Economic Survey 2016/17
With the survey estimating strong growth rate, the question that now needs to be pondered upon is whether such rates can be sustained over the coming fiscal year or not. Read more
BBIN - Motor Vehicle Agreement : A Brief
India comes with an attempted answer to Belt and Road Initiative (BRI) project. Implementation of such landmark project could help us to generate employment and economic growth. Read more
Nepal signs OBOR
Nepal aims to be a gateway to South Asia by signing OBOR. However, proactive approach is needed to reap the benefits of OBOR connectivity. Read more