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Can Nepal Avoid the Debt Trap?
Published On: December 17, 2022 08:00 AM NPT By: Hari Prasad Shrestha
Many of the so-called ‘projects of national pride’ are being executed through foreign assistance with considerable loan amounts. All these projects are important, however, there are abnormal cost increases in most projects due to unending deadline extensions and low rates of return have increased Nepal’s debt burden. The Melamchi Drinking Water Project, Pokhara Regional International Airport, and Sikta and Babai irrigation projects are some examples of high-debt burdens.
Regional Int'l Airport, Pokhara and Nepali Tourism
Published On: December 10, 2022 08:35 AM NPT By: Hari Prasad Shrestha
There are no exact statistics, but over 60 percent of the tourists who land at the Kathmandu airport visit Pokhara. There would certainly be a further increase in the number of tourists in Pokhara after the Pokhara Regional International Airport (PRIA) comes into operation.
Tech Giants in Trouble?
Published On: December 5, 2022 09:49 AM NPT By: Hari Prasad Shrestha
There is a speculation that in the next 6 to 12 years around 50 percent of jobs could be laid off in tech companies.
Why is Climate Finance a Focus Area for Nepal?
Published On: November 27, 2022 05:59 PM NPT By: Hari Prasad Shrestha
The Himalayas are warming at 0.3-0.7°C faster than the global average due to a situation called ‘Elevation Dependent Warming’. At the current course, the mountains will lose two-thirds of permanent ice. A major portion of the Himalayas lies in Nepal which faces extreme difficulties from the effects of global warming.
South Asia needs an integrated electricity market
Published On: November 11, 2022 01:00 PM NPT By: Hari Prasad Shrestha
A shared vision is needed for a South Asia Regional Electricity Market by prioritizing regional power trade and transmission projects that can make a concrete difference on the ground to supply reliable power from surplus nations to deficit countries.
1st Amendment to Nepal's Citizenship Act May Lead to Demographic Shift
Published On: August 18, 2022 08:00 PM NPT By: Hari Prasad Shrestha
The cut-off year for foreigners to apply for citizenship in India is very strict and conditional. However, in Nepal, it is unfortunate that its fault lines are in the constitution as the cut off year for foreigners to apply for citizenship has been extended after amendment and promulgation of each constitution.
Kathmandu: Confronting to Restore Lost Paradise
Published On: July 28, 2022 06:47 AM NPT By: Hari Prasad Shrestha
The deteriorating and declining metropolitan image of Kathmandu is damaging its ‘Shangri La’ character. A centralized system has pushed people of outer districts to settle here, in the capital city, in search of a better future. As a result of being the main tourism hub and witnessing a large concentration of administrative establishments, and educational and health centers, Kathmandu began to gradually transform into a nasty city with all sorts of mess.
The Coming Global Recession: Will Nepal Resist the Trend?
Published On: July 9, 2022 06:40 AM NPT By: Hari Prasad Shrestha
Nepal is also experiencing most signs of recession. Some economists say that a recession is almost sure to happen here, although we are not yet in a complete recession. The signs of an economic downturn are cropping up all over, in some sectors like fuel, food items, edible oils and other necessary commodities.
Ukraine War and Risk of Food Insecurity in Nepal
Published On: May 16, 2022 12:00 PM NPT By: Hari Prasad Shrestha
Nepal’s agriculture sector is still in a primitive stage. If India lacks foodstuff itself and stops exporting it to us, we might be in a crisis of food insecurity. The fact that India recently banned the export of wheat is not a good sign. The Russia-Ukraine war only makes matters worse for us.
Nepal's 2nd Int’l Airport Ready for Opening Amid Air Route Issues with India
Published On: March 31, 2022 07:36 AM NPT By: Hari Prasad Shrestha
Due to India’s reluctance to grant air routes, aircraft flying to Gautam Buddha International Airport will have to take a longer route from Simra which might raise the operating costs for airlines and push up ticket prices.
Nepal's Next Budget Must Remodel its Conventional Epigraph
Published On: March 16, 2022 07:33 AM NPT By: Hari Prasad Shrestha
Remittance is the most easy and conventional source to run the economy. However, in the long run, it could be more dangerous and riskier for the economic health of the nation.
Miles to go
Published On: October 11, 2017 12:30 AM NPT By: Hari Prasad Shrestha
Neither 1950 treaty nor any other agreement between the two countries provides for border regulation.
Do it yourself
Published On: June 6, 2016 07:25 PM NPT By: Hari Prasad Shrestha
The government must look to build medium and large power projects to meet internal demand on its own
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