by Krishana Prasain in The Kathmandu Post, Aug 21, 2023Foreign direct investment (FDI) to Nepal plunged to a nine-year low in the last fiscal year, as lax enforcement of trade infringement laws and rampant corruption in the country drove away potential investors, analysts said. According to the central bank, capital inflow fell by a steep 67.88 percent year-on-year to Rs5.96 billion in the last fiscal ended mid-July 2023 from Rs18.56 billion in the previous fiscal.…
Posts tagged as “rampant”
report in The Daily Star, Jan 15, 2023The Awami League has become its worst enemy because of rampant infighting at its grassroots, said leaders of the ruling party yesterday. Rifts between local leaders and activists are responsible for the party’s poor state, they told AL President Sheikh Hasina and requested her to do something to unite the local leaders and thus make the party more organised, insiders said. Rivalry in the party is the only…