Shabda Gyawali's Blog

·          Launching Government startup fund – organize business plan competition for pre fab housing protype, future natural disaster prevention, mitigation  app or technology. Provide seed capital to top 5…. ·          Legalize marijuana and encourage ganja puffing tourists. Will increase tax revenue and boost tourism. If stoned already no stone can do harm... :-) here is a proof  ·           Sovereign Credit Rating  – economic cost of earthquake estimated around 50% of the GDP.  Thats about US 10BN. Government can raise domestically about 3%- 5% of GDP (1BN) without raising any eye brows of IMF. Rest need to be financed through external source. To raise international debt a proper sovereign rating from credit rating agencies could be useful. Shadow rating (CCC+) we currently follow does not take into factor l...

As the rescue work is all most done, relief works are under-way, it looks like relief effort will wind  down in couple of weeks....Now the turn comes for RECONSTRUCTION..Before I start  writing my thoughts on RECONSTRUCTION, I would go back in time and highlight few macroeconomic figures and trends in  Nepal before the devastating earthquake Nepal’s economy grew by an estimated 5.2% in fiscal year (FY) 2014 - See more at:  Source: http://blogs.adb.org/blog/adb-s-initial-analysis-economic-impact-nepal-earthquake#sthash.tslN7qRq.dpuf Balance of payment  SURPLUS till first half of 2015 was USD 349.2 MN (ADB)  Gross foreign exchange reserves till mid jan 2015 was USD 7.1 BN Nepal had signed PTA with India  Nepal has signed PDA with couple of hydro projects  International Banks including Societe Generale was in Nepal for appraisal for a hydro project  Total Market cap for stock market was about USD  9 + BN ...