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Posts tagged as “slump”

Restoring business confidence would be tough task for Finance Minister Prakash Sharan Mahat:

By Prithvi Man Shrestha in The Kathmandu Post, April 01, 2023As the country’s economy faces multiple challenges including low growth, slump in market demand, high inflation and troubled government finance, Nepal appointed an economic expert as finance minister on Friday. Nepali Congress spokesperson Prakash Sharan Mahat, who holds a PhD in Economics from the US-based Southern Illinois University, was given the role in the latest Cabinet expansion. He has the responsibility to fix the broken…