FINANCE MINISTER PRESENTS AN INADEQUATE BUDGET THAT CANNOT MEET THE RESPONSE REQUIRED BY THE PANDEMIC CRISIS Finance Minister Dr. Yuba Raj Khatiwada presented the full budget for fiscal 2020-21 amidst the uncertainty of the coronavirus pandemic focusing on healthcare, employment generation, relief and rehabilitation of the
The global economy has never before come to a near standstill as it has in the current time under nationwide lockdowns, and neither are there any prescriptions for it to open in the setting of an ongoing pandemic. Leaders in public and private sectors must
Prof. Dr. Harish Chandra Neupane is the Chairman and Managing Director of Chitwan Medical College (CMC). He is also Past President of Association of Private Medical and Dental Colleges of Nepal. In an email interview with B360, Prof. Dr. Neupane gave his perspective on the COVID 19
The Covid19 pandemic has disrupted the learning of hundreds of thousands students in the country with schools and colleges being shut down as a measure to prevent the spread of the virus. Many educators are now turning to technology for distance learning. But the uneven
Since Nepal falls in the high alert zone for pandemic and to stop the spread of the Covid-19, the government has taken stricter measures by imposing lockdown and continues to encourage citizens to stay at home. While the numbers of days mount, businesses take a
LIFE AFTER CORONA Adversity has become the ‘New Normal’. Either you throw in the towel quickly or keep on fighting the issue. When you choose the latter, adversity becomes your ally and ignites your ingenuity to unearth revolutionary solutions that yield amazing value for yourself and
IMF Approves $214 Million to Nepal to Address COVID-19 Pandemic The International Monetary Fund (IMF) approved a disbursement to Nepal under the Rapid Credit Facility (RCF) equivalent to SDR 156.9 million (about US$214 million, 100% of quota) to help cover urgent balance of payments and fiscal
The World Bank Group is acting quickly to step up support as countries respond to the COVID-19 crisis and face a wide range of consequences, including the risk of global recession. With approval from its Board, the Bank Group is immediately launching emergency support through operations
As countries adopt radical measures to bring the Coronavirus pandemic under control, international trade and transport systems are under tremendous stress. Early evidence shows that international trade is collapsing threatening access to goods and critical supplies. In response, a new UNCTAD policy brief outlines a
Western Union, a leader in cross-border, cross-currency money movement and payments, today announced that Annapurna Travel &Tours and Hulas Remittance will provide home delivery service for Western Union Money Transfers in Nepal. The agents’ home delivery service will enable customers in Nepal to receive cash