Latest articles from Nepal

Chiranjibi Nepal teaser

Nepal’s central bank chief seeks more stability and fewer banks

December 1, 2017

Nepal is grappling with interest rate and liquidity volatility as well as a relatively large banking sector that has 28 commercial banks. Chiranjibi Nepal, governor of Nepal Rastra Bank, tells Stefania Palma how the central bank is addressing these issues.

Udaya Shumsher Rana teaser

Nepal leaves itself with a federal mountain to climb

December 1, 2017

Nepal faces parliamentary and inaugural provincial elections at the end of 2017 while being tasked with setting up a new federal system. Ministry of finance officials tell Stefania Palma how the government is coping.

Nepal Rastra Bank teaser

Nepal’s banks hope for stability as elections loom

December 1, 2017

Nepal’s banks have survived two years of upheaval, contending with violent earthquakes and India’s border blockade. Today, the sector hopes to address more systemic issues such as overbanking, political instability and cyber security threats. Stefania Palma reports.

Chiranjibi Nepal

Nepal CBG seeks a stronger, more independent economy

November 1, 2016

Nepal's central bank governor, Chiranjibi Nepal, tells Peter Janssen about how the country's trade blockade with India actually helped its trade deficit, spells out his plans to strengthen the banking sector, and explains why remittances are so important to the economy.

IME Nepal

Can Nepal wean itself off remittance reliance?

November 1, 2016

Hit by an earthquake and trade blockade with India, Nepal has endured a tough few years. However, despite these events its banks have remained profitable, though much of this is explained by what many deem to be an over-reliance on remittances. Peter Janssen reports.

ram-sharan-mahat

Why Nepal will bounce back stronger

September 1, 2015

The two earthquakes that hit Nepal in April and May 2015 were the largest natural calamity in the country in over 80 years. Finance minister Ram Sharan Mahat describes how the country is recovering, and explains why the Nepal that rises from the rubble will be stronger than ever.

Ram Sharan Mahat

Nepal's finance minister lays out recovery plan

May 26, 2015

Only one week after the first earthquake hit Nepal in April 2015, Ram Sharan Mahat, the country’s finance minister, met Stefania Palma to discuss the government's plan to meet Nepal's enormous reconstruction and rehabilitation needs.

Surendra Pandey

July 6, 2010

Despite ongoing political unrest, Nepal's finance minister says his focus is fixed firmly on economic development and rebuilding the country's infrastructure. Writer Michelle Price

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