Parties’ lofty pledges on economy collide with hard realities
Summary
Nepal’s major political parties have unveiled ambitious economic pledges in their election manifestos, aiming for rapid growth and job creation despite skepticism over feasibility given past instability and resource constraints.
Key Points
- Major political parties in Nepal have released ambitious economic pledges focusing on electricity generation, tourism, job creation, and economic growth.
- The Rastriya Swatantra Party aims for 30,000 MW electricity production and a $100 billion economy in ten years.
- The CPN-UML and Nepali Congress focus on youth engagement, job creation, tourism expansion, and infrastructure development.
- Economic analysts express skepticism over the unrealistic nature of these pledges given Nepal's political instability and resource limitations.
