The Nepal government has set an annual expenditure target of NPR 1.75 trillion for FY24, representing a 2.4% decrease from the previous fiscal year’s allocation but reflecting a substantial increase of over 16% compared to the revised estimate
Nepal will not go the Sri Lanka way. If it acts for making the state much more responsible for inclusive growth and usher into a wave of progressive economic reforms, it has a chance to come out stronger after the downturn