Ghimire is associated with Republica, English National Daily, since November 2013. He reports and writes on banking, financial, cooperatives, labor, foreign employment and Mount Everest expedition issues. Twitter:@sagarghi email@example.com
Like during previous shocks, the pandemic once again renews the call to build a ‘self-reliant’ economy. But will the government listen and act, or miss the opportunity once again like it did in the aftermath of the earthquakes and the unofficial Indian embargo in 2015?
In an interview with Republica’s Sagar Ghimire on Monday, Governor Adhikari discussed the focus of the upcoming monetary policy, plans to provide relief and other facilities to businesses battered by the pandemic, efforts to lower interest rates and measures to safeguard financial stability during the crisis, among others.
KATHMANDU, May 29: The government has introduced a budget of Rs 1,474.64 billion for the upcoming fiscal year 2020/21 with a focus on spending to shore up the health care system and reviving the economy adversely impacted by COVID-19.
KATHMANDU, May 27: The government unveiled the Economic Survey of the current fiscal year 2019/20 on Tuesday, its assessment of the performance of the country's various economic and financial indicators. But, reading this report in the end of May will take you back to mid-March, and gives you a false sense that the country's economy has been doing fairly well.
KATHMANDU, March 30: The government has come up with a relief measures that aims to extend support to poor and vulnerable hit by the Covid-19 and government lockdown as well as measures to support the businesses and economy from the impact of the pandemic.
KATHMANDU, March 29: Despite concerns over the risk of Covid-19 wreaking havoc on the economy, the government has become slow over its responses to come up with measures to tackle the economic fallout of the pandemic.
KATHMANDU, Feb 23: Upbeat with the economic growth rate in the last three years which remained higher than an average of more than six per cent, the government has set its sight on a growth rate of 8.5 per cent in the current fiscal year 2019/20.
KATHMANDU, Feb 1: Nepal Rastra Bank (NRB) has announced that it will take action against those making or receiving international payments for advertisements on the internet and in social media like Facebook, Twitter and YouTube as well as online portals.
KATHMANDU, Jan 26: In what appears to be a major setback for the country which is celebrating the ‘Visit Nepal Year 2020’, the arrival of Chinese tourists in groups is likely to come to a halt from Monday.