Nepal's Finance Minister 5 min readNepal's Finance Minister at 100 Days: Legal Reforms Underway, But the Economy Isn't Feeling It YetWhether that formal will translates into the kind of genuine institutional change that FATF assessors will find convincing — and whether the broader economic reform agenda produces results that Nepali citizens will find convincing — are the twin tests that Finance Minister Wagle now faces as her hundred-day honeymoon period formally ends and the harder work of accountability begins.Dipesh Ghimire·4 Jul, 2026
Monetary Policy Review6 min readNepal's Top Business Body Calls for Structural Banking Overhaul, Warns Rate Cuts Alone Cannot Revive EconomyThis is a higher and more demanding standard than central banks typically accept for their own performance. But it is the standard that the productive economy requires. The question now is whether Nepal Rastra Bank's upcoming monetary policy will engage with the structural arguments the federation has raised — or whether it will once again reach for the familiar instrument of rate adjustment and hope that this time the result will be different.Dipesh Ghimire·4 Jul, 2026
ne Hundred Days of Balendra Sh6 min readOne Hundred Days of Balendra Shah: Reform, Controversy, and the Weight of a Generation's ExpectationsThe citizens who handed RSP its historic mandate were not asking for a more energetic version of the same governance they had rejected. They were asking for governance that was fundamentally different in its relationship to ordinary people — more responsive, more honest, more humane. On that deeper test, the first hundred days have offered promising gestures rather than confirmed transformation. The next hundred days will matter more.Dipesh Ghimire·4 Jul, 2026
Top5 min readGold Surges to Near-Record Highs in Nepal as Global Safe Haven Demand IntensifiesFor Nepali households watching the gold price with a mixture of anxiety and fascination, the fundamental reality is that their market is now deeply integrated into a global system of financial signals they did not create and cannot control. When investors in New York decide that geopolitical risk has risen, and when central banks in Beijing decide to add another tranche of gold to their reserves, the price at the jewelry shop in Indrachowk moves accordingly. Understanding that connection — and the forces driving it — is the only basis for making informed decisions about when to buy, when to wait, and when gold's glitter reflects genuine value rather than temporary fear.Dipesh Ghimire·4 Jul, 2026
Top5 min readNepal's Microfinance Sector on the Brink: Capital Crisis Forces Rush to Rights SharesFor now, Nepal's microfinance sector stands at an inflection point — between a managed recapitalization that could stabilize the industry and a disorderly deterioration that could undermine financial access for millions of low-income households who depend on it. The decisions made by regulators and institutions in the coming months will determine which path prevails.Dipesh Ghimire·4 Jul, 2026
Top3 min readReliance Spinning Rally Lifts Mutual Fund Profits in Jestha, Some Schemes Book Heavy LossesFor now, the Jestha results underline a familiar pattern in Nepal’s capital market: selective winners driven by concentrated stock rallies, and simultaneous losses for funds exposed to volatile financial and insurance sector corrections.Dipesh Ghimire·2 Jul, 2026
adb3 min readADB Approves $50 Million Loan to Modernize Nepal’s Customs and Boost Trade EfficiencyFor now, the ADB-backed program signals renewed momentum in one of Nepal’s most structurally important—but historically slow-moving—economic reform areas.Dipesh Ghimire·2 Jul, 2026
Top3 min readBagmati Province Doubles Driving Licence Fees Under New Fiscal LawIn the short term, the policy is likely to boost provincial revenue collections. In the longer term, its success will depend on whether the increased income translates into better transport management systems, reduced processing delays, and more efficient licensing services. For now, the change signals a clear fiscal direction: stronger provincial revenue mobilization, but at the cost of higher compliance expenses for citizens.Dipesh Ghimire·2 Jul, 2026
Economic4 min readGovernment Claims Early Economic Turnaround as Reforms, Budget Expansion and Digital Push Reshape Policy DirectionEconomists suggest that while the government’s reform narrative signals strong policy intent, the real test lies in execution capacity and institutional consistency. The shift toward digital governance, legal simplification, and investment promotion is widely viewed as a positive structural direction. However, concerns remain over whether ambitious growth and income targets can be achieved without significant productivity gains and export expansion. The economy continues to be heavily dependent on remittances, imports, and public spending, which limits the immediate transformative impact of policy changes. Still, the early reform drive has created what policymakers describe as a “confidence phase,” where private sector sentiment appears to be improving and donor engagement remains stable. Whether this momentum translates into sustained economic transformation will depend on the government’s ability to maintain policy consistency beyond its initial 100-day reform push.Dipesh Ghimire·2 Jul, 2026
Capital Market 2 min readCapital Market Regulator, Merchant Bankers Hold First Interaction Under New SEBON LeadershipThe meeting concluded with both sides reaffirming their commitment to closer coordination in the days ahead. Market stakeholders expect that such engagements may help shape upcoming policy directions, particularly in areas related to market deepening, regulatory modernization, and long-term capital formation.Dipesh Ghimire·2 Jul, 2026