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Making the case for a Double Taxation Avoidance Agreement (DTAA) between the United States and Nepal.
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Affordable housing for poor and slum dwellers in Kathmandu??
Current Situation - Current slum inhabitants in Kathmandu - 50,000 Total number of slum households - 2,763 . The number of squatter settlements has grown from 17 in 1985 to 63 today. Below the Bagmati Bridge, there are more than 310 households in what is supposed to be 'UN Park', although it has nothing to do with the United Nations. (Source: Nepali time click here to read more) Average Home Loan intrest rate charged by commercial banks - 14-16 % "According to government data, nearly 430,000 families live in sub-standard housing in Nepal. The gap between the supply and demand of decent and affordable housing in Nepal is wide. In a rough estimation, about 70,000 new homes per year would need to be built to close the housing gap in Nepal." source: HABITAT FOR HUMANITY NEPAL Picture source: Nepali times, grey dots show the slum settlements around Kathmandu Current Solution:" Housing Micro-Fi...
Steps taken by Nepal Rastra Bank to ease the Liqudity crunch..
The terms for repo transactions were lengthened from 28 to 45 days—similar tomeasures taken in many other countries during the crisis Commercial banks’ call deposits can count towards meeting the statutory liquidity ratio A new refinancing facility to channel credit to the export, power and tourism sectors has been introduced.
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