Nepal Invests

How was your week?

We trust it was a beautiful one, full of fun, celebrations, love and happiness.

And did you know this Dipawali (Lakshmi Puja) we were able to light up our houses with our own domestic electricity? And in fact, we were able to export some of it too while around 200 MW surplus energy produced remains unused.

We are back with our weekly economic bulletin covering these and other developments and updates from Nepal's economy and business.

Read our bulletin here: https://nepalinvests.com/stories/weekly-economic-bulletin-23rd-october-2022-to-29th

Planning to invest in Nepal?

Were you put off by the high minimum investment limit of Rs.5 crore (~USD 400K)?

Well, there is some GREAT NEWS!

The Government of Nepal has announced that it will reduce the minimum investment limit by a whopping 60%!

YES! You read that RIGHT! The new minimum investment limit will be Rs. 2 crore (around USD 162K)!

Want to know more? DM us for FREE Consultation.

Imports are rising and so are the fuel and gold prices!

What is not rising then?

Salary for employed!

Job opportunities for the unemployed!

and Remittance for the Nepalese economy!

What else!

Here is our coverage of major economic headlines from the last week i.e. from 13th March to 19th March!

We made a big fuss of the USD 500 Million grant from the Millennium Challenge Corporation and on the other hand accepting loan of USD 932 Million from Asian Development Bank (ADB) which is four times higher than the amount loaned to Nepal in 2021 by the ADB!

What is more surprising is the fact that the government has not been able to meet its spending targets and on the other hand taking such a large loan!

But why?

Do you have the answers?