Top3 min readNepal's Sustainable Development Goals Journey: Achievements, Setbacks, and The Urgent Path ForwardNepal's Sustainable Development Goals Journey: Achievements, Setbacks, and The Urgent Path Forward Nepal, like much of the developing world, stands at a crucial juncture in its effort to achieve the United Nations' Sustainable Development Goals (SDGs) by 2030. After a decade of work, the country's progress toward these ambitious targets remains only at 41%, with five years left to meet the global agenda designed to transform societies economically, socially, and environmentally.Dipesh Ghimire·29 Apr, 2025
Top4 min readNepal Fully Implements Interest Rate Corridor Structure: A Detailed AnalysisNepal Fully Implements Interest Rate Corridor Structure for Liquidity Management: A Deep Dive Analysis Nepal Rastra Bank (NRB) has marked a pivotal shift in its monetary policy operations by fully implementing the Interest Rate Corridor (IRC) framework starting from February 2024 (Fagun 2080 BS). This reform aims to enhance liquidity management, anchor short-term interest rates, and drive stable and sustainable economic growth. Nepal’s journey toward modern liquidity management has been long and gradual. Initially, monetary policy tools were non-existent. After the establishment of NRB in 1956 (2013 BS), early efforts focused on currency issuance, banking system support, and exchange rate stability.Dipesh Ghimire·29 Apr, 2025
Top2 min readMergers and Acquisitions Reshape Nepal's Financial SectorMergers and Acquisitions Reshape Nepal's Financial Sector Nepal Rastra Bank (NRB) has aggressively promoted mergers and acquisitions (M&A) among banks and financial institutions as a strategic move to strengthen the country’s financial system. The efforts, ongoing for the past five years, have led to a major reduction in the number of institutions, significant growth in capital bases, and improvement in financial resilience.Dipesh Ghimire·27 Apr, 2025
Top3 min readNepal’s Power Sector Struggles Amid Dry Season; India-Nepal Expand Energy CooperationNepal’s Power Sector Struggles Amid Dry Season; India-Nepal Expand Energy Cooperation Despite significant progress in the past decade, Nepal is once again facing an acute energy shortfall during the dry season, particularly affecting its industrial sector. Though large-scale electricity blackouts (load-shedding) have not returned for residential consumers, Nepal Electricity Authority (NEA) has admitted to the emergence of unofficial load-shedding in industrial areas to balance supply and demand.Dipesh Ghimire·27 Apr, 2025
Top4 min readNepal's 2015 Earthquake: A Decade of Unhealed Wounds and Ongoing ReconstructionNepal's 2015 Earthquake: A Decade of Unhealed Wounds and Ongoing Reconstruction Every April 25, Nepal pauses to remember the catastrophic 7.6 magnitude earthquake that struck on April 25, 2015, with its epicenter in Barpak, Gorkha. The quake, which hit at 11:56 AM, claimed 8,979 lives, injured 22,309 people, and left millions homeless. A decade later, the physical and emotional scars remain, as reconstruction lags and the nation grapples with the lessons of resilience and preparedness.Dipesh Ghimire·25 Apr, 2025
Top5 min readGold Price Surge in Nepal: Causes, Impacts, and Future OutlookGold Price Surge in Nepal: Causes, Impacts, and Future Outlook The price of gold in Nepal has been shattering records, reaching unprecedented heights and sparking widespread discussion about its economic and cultural implications. On April 22, 2025 (Vaisakh 9, 2082), the price of hallmark gold per tola (11.66 grams) soared to nearly NPR 200,000, before slightly declining to NPR 190,400 by Wednesday, April 23, 2025. This volatility, with daily fluctuations of NPR 5,000–7,000, reflects a global trend driven by geopolitical tensions, economic uncertainties, and shifting currency dynamics. However, the soaring prices are reshaping Nepal’s domestic market, reducing demand for gold jewelry, increasing public selling, and impacting government revenue.Dipesh Ghimire·24 Apr, 2025
Top3 min readForests at the Heart of Nepal’s Economic Revival Amid Multifaceted ChallengesForests at the Heart of Nepal’s Economic Revival Amid Multifaceted Challenges Nepal’s economy, grappling with a host of multifaceted challenges, is under increasing pressure to identify sectors that offer both resilience and potential for sustainable growth. Recent government surveys suggest the nation’s Gross Domestic Product (GDP) stands at approximately NPR 5.7 trillion (around USD 43 billion), with the agriculture sector — which includes forestry and fisheries — contributing around 24% of that figure. However, analysts note that despite these figures, structural and administrative inefficiencies continue to impede broad-based economic advancement.Dipesh Ghimire·22 Apr, 2025
Top5 min readNon-Performing Loans of Commercial Banks Reach 4.83% in Q3 of FY 2081/82Non-Performing Loans of Commercial Banks Reach 4.83% in Q3 of FY 2081/82 Kathmandu, Chaitra End, 2081 — In the third quarter (end of Chaitra) of the current fiscal year 2081/82 (2024/25), the average non-performing loans (NPL) of commercial banks in Nepal have reached 4.83%. This marks an increase of 1.18 percentage points compared to the same period in the previous fiscal year 2080/81 (2023/24), when the average NPL stood at 3.65%. The rise in NPLs is attributed to economic pressures, stagnation in new loan disbursements, delays in the sale of non-banking assets, and intensifying competition among banks. These factors have collectively strained the banking sector, leading to a deterioration in asset quality.Dipesh Ghimire·21 Apr, 2025
Top4 min readSurge in Foreign Investment Commitments Signals Economic Optimism in NepalSurge in Foreign Investment Commitments Signals Economic Optimism in Nepal Nepal has witnessed a robust influx of foreign investment commitments totaling approximately NPR 58 billion (USD 430 million) in the first nine months of the current fiscal year (July 2024–March 2025), according to data released by the Department of Industry (DoI). This significant commitment, recorded up to the end of Chaitra (mid-April 2025), underscores growing investor confidence in Nepal’s economic potential despite global and domestic challenges.DIPESH TOP 10 RESEARCH TOP 10 RESEARCH·17 Apr, 2025
Top5 min readNepal’s Balance of Payments in 2024/25: A Narrowing Deficit Amidst Economic ResilienceNepal’s Balance of Payments in 2024/25: A Narrowing Deficit Amidst Economic Resilience Kathmandu, April 10, 2025 – Nepal’s Balance of Payments (BoP) for the first eight months of fiscal year 2024/25 (mid-July 2024 to mid-March 2025) shows a narrowing current account deficit and a positive shift in the overall economic outlook, according to the latest provisional data. The current account deficit decreased by 11.0% to Rs. 208,406.8 million from Rs. 234,293.2 million in the same period of 2023/24, driven by a significant reduction in the services deficit and a robust increase in secondary income, primarily from worker remittances. This article provides a detailed analysis of the BoP data, exploring key trends, underlying factors, and their implications for Nepal’s economy.DIPESH TOP 10 RESEARCH TOP 10 RESEARCH·10 Apr, 2025