5 things among other initiative government can do to bounce back Nepali Economy… I think

·         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 like positive impact remittances in rating. Sovereign Rating also helps credit appraisal of big scale hydro projects & to calculate actual country risk premium……..Nepal is all over the news around the world, get cash it

·         Housing mortgage interest expense deductible from Income tax: No doubt that housing market and real estate has suffered. To buttress rebuilding houses, government could allow deducting interest expense paid for mortgage from Income tax.