Constricted devolution of fiscal power
The new leadership at the local level needs to find ways to boost capital expenditure.
The new leadership at the local level needs to find ways to boost capital expenditure.
The experience of the last five years shows that federalism has empowered local units.
The strategy is to attract commercial capital to projects that contribute to sustainable development.
This policy is practically suicidal since the banned items are major sources of revenue.
Three constraints are particularly evident in reforming Nepal's higher education system.
The passage of the Nepal Rastra Bank Act was seen as a safeguard against political interference.
Wang’s South Asian tour seemed to be more about damage control than other matters.
The obvious resultant pitfalls thereof are mismanagement and unchecked corruption.
China, like never before, chose to directly meddle in Nepal’s decision-making process.
The parties should let their subnational organisational entities distribute election tickets.
An IMF report has pointed to the ineffective regulatory and supervisory role of Nepal's central bank.
Decreasing remittances, dwindling forex reserves and widening balance of payment deficit are impossible to be reversed overnight.
The first elected local governments under the federal constitution promulgated in 2015 are near completion of their five-year tenure.
Many of these young leaders started their political careers after restoring democracy in 1990.
An automated system will make the stream of illegal income dry up for politicians and bureaucrats.