by Sangam Prasain & Krishana Prasain in The Kathmandu Post, June 20, 2023Nepal is staring at stagflation, a scenario where an economy faces high inflation, low growth and high unemployment—all at the same time, economists said on Monday. Nepal’s efforts to stamp out a surge in inflation have slowed the economic growth rate sharply. At the start of the current fiscal year, the government had pompously declared that the economy would grow by an astounding…
Posts tagged as “Kathamandu”
by Nishan Khatiwada in The Kathmandu Post, Feb 23, 2023 In the run up to the presidential elections, Nepal’s political parties have begun their exercises to grab the top state position. Claims by several political parties to the presidential positions have thrown up multiple possibilities of who the next President and Vice President will be. The nominations for the top jobs are scheduled for Saturday. But the parties are still discussing the candidates as consensus…