In a recent Neftake, the EU Ambassador eloquently set out the case for green, resilient, and inclusive recovery, supported by a green finance agenda. Green investment is set to play an expanding role in economies: the World Economic Forum estimates that globally, the green bond market could be worth $2.36 trillion by 2023; increasingly, banks, insurers, and […]
Our economy needs transformation and coordinated reforms and this requires a change in the mindset of people, from an individualistic approach to global ambitions.
Looking at the last 10 – 15 years, Nepal’s overall economic growth rate hovers around an average of 4%.
Assuming per capita GDP reaching $1,800 and public capital spending growing from 5% of GDP (now) to 10%, Nepal will have $55 billion invested in infrastructure by 2030.
The government including its army holds the largest inventory of land and it will depend on how government decides to unlock the value of its land.
Nepal needs to have the physical and institutional infrastructure to allow electricity trade which should help optimize domestic power sector investment.