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%.
Birgunj’s economy has slowly begun to show signs of revival following the blockade.
A mixture of pessimism and hopefulness defined the mood of hotel and restaurant operators, transporters, travel agents, local businesses and residents of Pokhara.