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With festival season close, bank loans for imports halve, bankers’ data shows

Low spending outlook around Dashain clearly suggests that Nepal’s economy, 82 percent of which is driven by consumption, will continue to slide, economists say.With festival season close, bank loans for imports halve, bankers’ data shows
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Prithvi Man Shrestha & Sangam Prasain
Published at : September 19, 2020
Updated at : September 19, 2020 07:47
Kathmandu

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 nepalnews.com and Rising Nepal primarily covering the issues of political and economic affairs for three years.

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.


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