Review of Nepalese Economy
Introduction:
Nepal is one of the least developed country in the world with very low per capita income and mass poverty. The structure of economy is fragile; economic environment is not favourable; performance of the economy is weak, and indicators of economic development are unfavourable. The economy has mainly been characterized by a long period of political transition and uncertain economic environment. Due to such various socio-economic and political obstacles, there is high rate of unemployment, poverty and inequality in the country. For the sluggish economy, the high remittance inflows are working as the lubricants. Although, high remittance inflows, there is no productive use of this resources. Rather, it is creating dependency, brain drain and unproductive consumption in the country.