Opinion | Troubling sign
Summary
Nepal's economy faces stagnation with historically low inflation around 1%, weak market demand, and low investment, highlighting economic challenges amid political uncertainty.
Key Points
- Nepal's inflation has fallen to nearly 1%, hitting a 22-year low, indicating economic stagnation.
- Nepal imports low inflation from India due to currency peg and weak external global trade conditions.
- The Nepal Premier League was a rare commercial success amidst generally poor business performance.
- Political turmoil and delayed elections have worsened economic uncertainty, depressing investments and job creation.
