Nepal's Treaties & Agreement: what & Why?

DTAA:

What?

With the aim of encouraging Indian investment in Nepal the GON and GOI entered  a double taxation avoidance agreement (DTAA) and a prevention of fiscal evasion agreement in 2011

Why?

Low CAPEX Hurting Growth

Nepal’s capex is much lower than what is required to close the infrastructure deficit said ADB.

The country requires capital spending to reach 8.2-11.8 percent of the gross domestic product (GDP), but it has stood at just 3.3

Economic Development

Introduction

Development is positive changes in living standard. Development is a continuous and collective process and the aspects of development includes economic, social, political and human.

Challenges of Nepalese Economy(Part 2)

Monetary Sector:

Task of extending financial services to village level through financial inclusion and enhancing financial literacy among the general public have remained a challenge.

Challenges of Nepalese Economy(Part 1)

Nepal is facing numerous challenges in the path of economic development. Major constraints hurdles and challenges of economic development facing by Nepal are outlined below:

6 ways to decrease the trade deficit of Nepal

    The country needs to have balance between Export and import, The export-Import ratio should not be too low.The contribution of remittance income, Travel income and Foreign grant is significant in controlling increasing trade deficit of the economy , but these are not going help, these are not the sources which will give double digit growth which needed for vision 2020. following are some most important area where Nepal needs to think and act immediately: