Nepal is among the poor and the least developed countries in the world. It has nearly half of its population living below the poverty line.Agriculture is the most important in the economy, providing a livelihood for over 80% of total population. Industrial activity mainly involves the processing of agricultural.Nepal is landlocked geographic location, and its susceptibility to natural disaster.
The government has been moving forward with economic reforms, particularly those that encourage trade and foreign investment by reducing business licenses and registration requirements . The government has also been reducing subsidies, privatizing state industries, and laying off civil servants to cut expenditures. However, recently political instability has hampered governments' ability to forge consensus to implement important economic reforms such as jute, sugarcane, tobbaco, grain e.t.c 
No comments:
Post a Comment