Nepal’s financial system has plunged into recession for the primary time in 60 years. The nation, on Tuesday, put a forecast at its financial development fee – this fiscal 12 months could be solely 2.16%. Nevertheless, the forecast from Nepal’s nationwide statistical workplace is decrease than the projections of the establishments such because the World Financial institution and the Asian Improvement Financial institution.
#nepal #nepalrecession #worldnews
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Dont worry I am here! After 5 years I will be next PM
More debts, higher imports lesser productivity, higher inflation rate, Highest level of corruption from ground level to the ministry of the government sectors are the main causes of Economic instability in Nepal…
This is what happens when your nation rely more than 80% importation and exportation simply to neighboring nation…India. Though India has Nepal in it's political clutches and is puppet state of India, but Nepali needs to open eyes and open more trade routes towards China, the economic power house of the world.
The main reason is balance deficits ,more imports as compare to export weak goverment financial policy to overcome this situation import should be reduce and intrest rate should be reduce
Support Nepal from India
Yes, economy is in downturn but NOT at all as said in this video. This is absurdly prejudiced news. We have faced the situation worse than this when there was earthquake followed by undeclared economic blockade by the so called good neighbor Indua resulting in negative GFP of -0.7%. Now we have positive GDP as well as foreign currency reserves to sustain the import of 14 months (better than India??), thanks to our remittance. If you can, you may, support, if not, just leave us alone and shut up Indian media.
7.4? actual statistic herney ho vaney 14-16 + cha
We are living in troubled neighborhood. 😢
Pruduce farming,clothes ,etc in your country
our main ecnomy depend n remitanceveach day 5000 nepali going to out from contry..ecnomy is parsdized due torecessaion
1.15
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Lol good Joke… Come to Nepal and see how luxury life they live… See Kathmandu, Dharan, nepalgunj, birgunj, birtamod, all the places how ppl have spending power … Inflation… From far beyond u see inflation if u come u know it has nothing like crisis or recession… 😂😂😂
Due to corruption nepal country is unstable and the reason is public who selected wrong government parties and when nepali people will understand the terms to make the right decision………
Great video! For 2023, it’s hard to nail down specific predictions for the Stock market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from Stocks to homes.
They should join as an Indian state. Unnecessarily a separate country.
Now how do we get out of this "CRISIS". PLEASE COMMENT BELOW AND ❤️ NEPAL.
😂😂😂and India is poor then nepal
Even if as a foreigner invested in Nepal, DOI makes constantly problems and want bribes ???
the Madhesi should take over the country and throw these nepali speakers out
NEPAL PRADESH LET'S GOOOOOOOOO
Import dependent Economic😮