by Prithvi Man Shrestha in The Kathmandu Post,Nov 7, 2023Nepal continues to remain among the lowest-ranked countries in South Asia in terms of human development even though the country has made rapid progress in the last few decades, a United Nations report says. Nepal’s human development index (HDI) value in 2021 stood at 0.602 which is third worst after the war-torn Afghanistan and Pakistan, which is also facing an economic crisis lately, according to the…
Posts tagged as “terms”
Report in The Island, Oct 16, 2023Sri Lanka wants China to share with other creditors the terms of its recent $4.2 billion bilateral debt deal, a step needed to help the country speed up the process of restoring its finances over a year after it defaulted. Sharing the information would ensure transparency and assure other bilateral creditors that they’re getting a comparable deal, news agencies have quoted Central Bank Governor Dr. Nandalal Weerasinghe, as sayng…
By Tharushi Weerasinghe in The Sunday Times, Aug 27, 2023The opening of a new charcoal factory in Arambekema, Thanamalwila has been halted following outrage from villagers who claim that it is in violation of a few environment protection laws and the terms of its contracts with the state. The company claims everything is approved by the state. The charcoal factory, a Board of Investment project with 20 clay furnaces, belongs to Reitech Trading Pvt Ltd.…