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Friday, March 10, 2023

Revenue shortfalls in Nepal

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Nepal is facing a very large revenue shortfall in FY2023. According to FCGO, revenue mobilization in the first seven months of this fiscal (...

Energy deficit in India

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According to Reuters , India will likely face risks of nighttime power cuts due to delays in adding new coal-fired and hydropower despite th...
Thursday, March 2, 2023

Digital payments revolution in India

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An interesting article in the NYT on how India's homegrown payment system has transformed commerce and helped formalize the economy. Ex...
Wednesday, March 1, 2023

Effect of countercyclical investment on employment

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An interesting paper by Buchheim and Watzinger (2023) published in AEJ: Economic Policy [15(1)] shows that investments in public buildings...

IMF concludes 2023 Article IV Consultation and completes first and second reviews under the Extended Credit Facility

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According to a press release on 28 February 2023, the IMF staff and the Nepal authorities have reached staff-level agreement on the policies...
Friday, February 24, 2023

Fiscal strain in Nepal

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It was published in The Kathmandu Post , 18 February 2023.  Hard times not over The government should make an all-out effort to increase dom...
Tuesday, January 17, 2023

High cost of geoeconomic fragmentation

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Geoeconomic fragmentation, a policy-driven reversal of global economic integration, may be caused due to trade restrictions, barriers to the...