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Nepalese-American discuss future of Nepal economy

Maryland (America): America-Nepal Press Club held an interaction with economists and political experts at Silver Spring, Maryland, recently with a view to increasing foreign employment opportunities for Nepali and garnering support for the political stability in the country.

On the occasion, Nepali Ambassador to the US, Shankar Sharma, said though Nepal’s economic growth rate in the past few years was not satisfactory, social development and health indices are good.

He suggested to the government to move development endeavors ahead keeping them untouched from the political instability in the country.

Nepal’s poverty line is expected to remain near 25 percent in the current fiscal year. According to statistics of World Bank, poverty in Nepal has slightly reduced.
He urged the government to be serious about attracting foreign investment and creating investment-friendly atmosphere. Economist at WB head office Washington DC, Dr Govinda Raj Timilsina had presented a working paper on economic issues.

Dr Chitrakrishna Tiwari of George Washington University  had presented a working paper on Nepal’s political situation.Chairman of International Nepali Literature Society DC Metro Chapter, Prakash Nepal, put forth his opinions on the occasion. RSS

Published Date: Monday, July 16th, 2012 | 05:18 AM

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