Amidst the backdrop of recent political developments in the country, Finance Minister Barshaman Pun's assurance on Thursday that the planned Nepal Investment Summit-2024 will remain unaffected is a welcome announcement and commitment for the larger interest of the country. The upcoming summit, scheduled for April 28-29 in Kathmandu, holds huge significance, with the government preparing to finalize agreements for four groundbreaking projects totaling Rs 301.18 billion.

KATHMANDU, March 21: President Ramchandra Paudel has said significant efforts need to be made to make every citizen feel the impact of the political change in the nation.

Despite frequent occurrences of the unique series of political changes, the only gain that has hardly happened in Nepal for a long time is ‘expected economic development’. Often, leaders claim that the nation is about to experience exceptional and exemplary transformation.

Nepalis are used to with making and breaking of governments. The young democracy that Nepal introduced in 1950 was nabbed by King Mahendra only after a decade in 1960, imposing a party-less Panchayat system. People revolted and restored democracy after three decades in 1990. But another three decades of democracy after that spawned more than two dozen governments under different political parties.

Nepal is changing fast. The change is evident in socio-economic and political arenas. Some changes are encouraging, others problematic. Dr Ram Sharan Mahat’s new book Trials, Tremors and Hope: The Political Economy of Contemporary Nepal is a comprehensive account and analysis of the major aspects of this change. It provides commentary on political economy of modern Nepal in a historical perspective.

KATHMANDU, Oct 14: Top guns of the major political parties have stressed forging unity among key political parties in the country for economic prosperity and development as they did for the political changes in the past.

Baluwatar could have handled the situation more subtly by taking an early decision and wording its public position with utmost diplomatic nuances

The far-right, anti-immigration Sweden Democrats (SD) could become the second-biggest party in September’s parliamentary elections, threatening the two traditional party blocs in the government.