how is the situation of nepalese market?
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how is the situation of nepalese market?
- Nepal has considerable scope for exploiting its potential in hydropower, with an estimated 42,000 MW of commercially feasible capacity. Nepal has signed trade and investment agreements with India, China, and other countries, but political uncertainty and a difficult business climate have hampered foreign investment.
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Economic growth rebounded with the onset of political 'normalcy,' standing at 6.7% in FY 2017/18 and estimated at 7.1% for FY 2018/19. This is a clear improvement over the past, but it still falls short of the government's target of 8% annual growth.
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