Given the prevalence of distressing economic turmoil in current times, the ease of doing business has plummeted down to the lowest.
If Nepal has been on your radar, then it is a good time to delve deeper into the opportunities and if not, it is time to look at this country that is land linked with two global economic giants China and India.
Drifting away from the liberalization reforms of the 1990s, which facilitated private sector-led growth, the path Nepal aims to head towards appears tragically misleading.
As tourism is an integral part of the Nepalese economy, the reconstruction and revival of damaged tourist destinations are bound to receive preference over others, which could potentially overshadow other touristic developments.
The budget enlists key programs especially Rebuilding, Agriculture and Infrastructure, and prioritizes Relief, Rehabilitation, and Reconstruction.
These new arrangements should not compromise on the regulation, transparency, and accountability of the money and goods coming in or disbursed.