Jagadish Prasad Bist

Bist is part of the faculty at The British College.

Latest from Jagadish Prasad Bist

Trimming the budget deficit

Nepal has been facing a budget deficit for years. In 2017, it reached 6.40 percent of the gross domestic product, and is likely to increase as the country has adopted a federal system with a resultant increase in the number of local units. As far as the economic aspect of the budget deficit is concerned, it depends on when it occurs.

Money for nothing

While the world was occupied with the US presidential race between Hillary Clinton and Donald Trump, Indian Prime Minister Narendra Damodardas Modi came out with a surprise announcement that 500- and 1,000-rupee banknotes would cease to be legal tender.

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