There is a need for comprehensive reforms in the entire budgetary procedure, from planning to execution.
The Economic Survey does not envisage Nepal’s transition towards fiscal decentralization and a federal structure.
In FY 2014-15 the sector witnessed a 0.8% growth whereas the projection for FY 2015-16 stands at 1.3%.
Despite the flourishing of the currency black market in the border economies, this issue has not received enough media attention, while government regulation continues to remain lax.
A white paper is a document that comprehensively indicates the government’s plans, priorities and larger policy goals in relation to an important issue or contingency facing the country.
Tourism sector’s hopes of recovering in the peak tourist season of autumn following the impact of the earthquakes have been dented by the current crisis.