Macro struggle and transformation
The sharp readjustment of macroeconomic indicators shows unresolved structural issues requiring reforms.
The sharp readjustment of macroeconomic indicators shows unresolved structural issues requiring reforms.
Achieving revenue target to meet expenditure needs will continue to be challenging.
A single budget cannot resolve all structural issues but it can take corrective steps.
The government should make an all-out effort to increase domestic and foreign investment.
None of the manifestos explains how to mobilise resources and enhance administration.
A course correction beyond the band-aid nature of policy reaction is warranted.
The focus now should be on executing the budget and curtailing wasteful spending.
Given that the pandemic is affecting economies everywhere, Nepal’s budget is exceptionally far-fetched.
Given the rapid spread of Covid-19, CBS’s growth projection will most likely be an overestimation.
Revised and rebased statistics provide a more accurate picture of the economy.
A series of impractical and confusing recovery policies have heightened business, investment and employment uncertainties.
Don’t be fooled by the better-than-expected results from the external sector, the effects are only temporary.
Half-baked and misguided lending directives might further exacerbate asset-liability mismatches.
The government has, once again, not been able to enact structural change when afforded an opportunity by the extraordinary circumstances.
The current economic growth predictions, although abysmal, can still be optimistic; the government needs to prepare accordingly.