Hospitality sector thriving with opportunities abound the HRM Nepal’s hospitality sector has been drawing substantial investment and has rapidly emerged as one of the country’s most dynamic and fast-growing industries. Nepal’s abundant natural beauty, cultural heritage, and diverse landscapes, combined with its rich historical and spiritual significance, have made the country a popular global tourism …
the HRM The nation is repeatedly debilitated by poor governance and mismanagement. The recent floods and landslides starkly exposed this issue, highlighting the dysfunction of the three tiers of government, which were nowhere to be seen as people died in buried vehicles on vital highways, while floods and inundations caused massive losses of life and …
the HRM A total of 112,156 students left Nepal to pursue higher studies in Fiscal Year 2023/24. The Ministry of Education, Science, and Technology (MoEST) reports that these students obtained No Objection Certificates (NOCs) to study in 66 countries. This significant number of students leaving for higher education abroad highlights a lack of trust in …
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the HRM A midst the current economic slowdown, Nepal Rastra Bank (NRB) – the central regulatory and monetary authority – has unveiled an accommodative Monetary Policy for Fiscal Year 2024/25 to boost production, create jobs and stimulate economic activities through the expansion of private sector credit by 12.5 percent against around 5 percent of FY …
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Shift of a large number of labour force from agriculture to other sectors is crucial for the country’s economy to leapfrog the HRM The involvement of a significant portion of the country’s population — 65.6% — in the agriculture sector, despite its low productivity, presents a formidable challenge for poverty alleviation. Traditionally, agriculture and forests …
Moderate efforts to address grave challenges of the economy the HRM The government has unveiled the fiscal budget 2024/25 focusing on economic reforms to build confidence and a new sense of hope among citizens, productive capacity enhancement, infrastructure development and employment generation. The Rs 1.86 trillion budget has set an objective to boost production and …
Nepal is pioneer in implementing GRID framework. the HRM Moving ahead towards lowering the impact of climate change through various adaptation and mitigation measures, countries across the globe have been implementing national action plans on climate change. Consequently, regional and global cooperation and collaborations have amplified. Nepal has been making earnest efforts in line with …
Credible and bankable projects are crucial for realising investment commitments the HRM The government is hosting the Third Investment Summit on April 28-29 in Kathmandu to attract foreign and domestic private investments along with investments from the Nepali diaspora in multiple sectors including infrastructure development to unleash the country’s growth potential. The government has joined …
Nepal’s bulge youth population getting old without attaining prosperity the HRM Nepal’s current demography is considered as a comparative strength due to the high number of youth bulge or the working age population (15-60 years). However, the country is entering a club of ageing countries by 2028 while observing the population pyramid based on the …
Due to lack of revenue mobilisation capacity, the government brought the monetary instrument and private sector credit as a panacea, that has a serious implication on the economy along with the financial sector resources overleveraged the big borrowers. the HRM T he widening gap between the revenue target and actual collection in recent years has …
