Economy in crisis but how grave is it?

Economic turbulence looms large with half of the country’s income going to import bills. But situation manageable if immediate mitigation measures are taken, economists say. Economy in crisis but how grave is it?
“The country is already in a ‘first level’ crisis,” said economist Min Bahadur Shrestha. “If the government fails to manage things properly, the economic crisis could deepen.” POST FILE PHOTO
Sangam Prasain & Krishana Prasain
Published at : April 10, 2022
Updated at : April 11, 2022 10:29

Sangam Prasain

Sangam Prasain is Business Editor at The Kathmandu Post, covering tourism, agriculture, mountaineering, aviation, infrastructure and other economic affairs. He joined The Kathmandu Post in October 2009.

Krishana Prasain

Krishana Prasain is a business reporter for The Kathmandu Post covering markets. Before joining The Kathmandu Post in 2018, she spent 3 years in New Business Age magazine covering business.