The monetary policy for FY 2021/22 makes great promises for the economic recovery from the impacts of COVID-19.
Although education has always been seen as an indispensable asset for human progress, Nepal has not been able to actualize this.
The federal budget for FY 2021/22 envisioned an economic growth rate of 6.5%, which seems pretty farfetched considering the current situation.
The trade and agriculture sectors experienced demand shocks as demand from the accommodation and tourism sectors fell.
The budget of Province 1 contracted by the highest percentage while the biggest budget expansion was that of Lumbini Province.