Published on: Jun 30, 2019
The budget should limit 60 percent for capital expenditure and 40 percent for concurrent expenditure. Our budget is exactly opposite. Out of total Rs.1532 billion budget, Rs. 957 billion (62.4 percent is allocated to concurrent and only Rs.459 billion (26.6 percent) is allocated to capital expenditure
By Binod Kumar Chaudhary | Jun 11, 2019
Things suddenly heated up about a week before this otherwise maybe even a boringly academic meeting: Pucha secretary Bharat Jangam got a phone call from senior lawyer and Kangress MP Radheshyam Adhikari about a bill creating a new Guthi Authority brought before the Upper House suddenly and surreptitiously.
By Dipak Gyawali | Jun 29, 2019
Financed by Asian Development Bank, Gautam Buddha International Airport (GBIA) shows how the fate of a project can change for the better while development partners and implementing agencies are working in collaboration. From almost a stage of collapse due to various technical, financial and other reasons, GBIA recovered its lost pace of progress and is nearing completion now. If the project continues to maintain the current speed of work, it will be complete by coming December, opening enormous opportunities for western parts of Nepal
By Keshab Poudel | Jun 30, 2019
Trump has imposed fresh sanctions on Iran and threatened it of total obliteration. We can simply pray that things do not go much beyond the US retaliatory cyber-attack against Iranian missile control system so that situation does not seriously deteriorate in the Middle East\Gulf, which could further complicate matters in Nepal with depleting foreign exchange reserve and alarming trade and current account deficit. Internally, late and inadequate monsoonal rains, projected to be 30 percent less this year, and reported shortage of chemical fertilizers may negatively affect paddy output, a major contributor to Nepal’s gross domestic product. May Lord Pashupatinath continue to save this nation and its people?
By Dr. Tilak Rawal | Jun 30, 2019
Shailendra Sigdel, an Independent Management Consulting Professional, has over three decades of experience in governance sector. Executive Director of Foundation for Development Management with a demonstrated history of working in the management consulting industry, he has skills in Policy Analysis, Organizational Development, Public Policy, Economic Development, and Capacity Building. Strong business development professional, a graduate from the University of Birmingham, Sigdel spoke to New Spotlight on current political and structural transformation in Nepal. Excerpts of his interview:
By A Correspondent | Jun 30, 2019