Binayak Basnyat

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Global trends in 2019

The Foreign Ministry wrapped up an eventful diplomatic year with a ‘cherry on the cake’ Washington visit in December 2018. The issues discussed principally opened the doors for the Himalayan nation to envision its place in a new year of world politics.

Growth potential

Perhaps if we marketed a strong business case for Nepali youth in agriculture, and showcased examples of farmer millionaires, we could gradually charm our way into a sustainable revolution within a single generational shift.

Funding from friends

Foreign funds make up 22.37 percent of the projected revenue inflow in Nepal’s $12.79 billion budget for the fiscal year 2017-18. Of the total foreign funds, foreign grants account for 5.64 percent and foreign loans 16.72 percent.

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