Government looks for more loans as debt balloons

Borrowing from World Bank and others is for capital expenditure and distributive programmes but experts warn it cannot go beyond 50 percent of GDP. Government looks for more loans as debt balloons
Villagers in Kalikot build a rural road under the Prime Minister’s Employment Programme.  Tularam Pandey/TKP
Prithvi Man Shrestha
Published at : August 24, 2020
Updated at : August 24, 2020 08:10

Prithvi Man Shrestha

Prithvi Man Shrestha was a political reporter for The Kathmandu Post, covering the governance-related issues including corruption and irregularities in the government machinery. Before joining The Kathmandu Post in 2009, he worked at and Rising Nepal primarily covering the issues of political and economic affairs for three years.