Major Problems and

Challenges facing
Nepalese Economy
Raj kumar Rai
015BIM034
Nepalese Economy
1. heavily dependent on remittances(29.1%),
2. Affected by the constant change in political scenario,
3. agricultural economy ,
4. Poorest and least developed countries in the world,
5. Nepal's per capita income crosses 1,000 USD in 2017-18
fiscal year
Problems
Exports: $818.7 million f.o.b., but does not include unrecorded border trade with
India (2017 est.)

Exports - commodities: carpets, clothing, leather goods, jute goods, grain

Exports - partners: India 56.6%, US 11.5%, Turkey 4% (2016 est.)

Imports: $11.03 billion f.o.b. (2017 est.)

Imports - commodities: gold, machinery and equipment, petroleum products,

electrical goods, medicine

Imports - partners: India 70.1%, China 10.3%, UAE 2.6%, Singapore 2.1%, Saudi
Arabia 1.2%. (2016 est.)
Agriculture
Other country
Agriculture
In Nepal
 We have less skilled manpower and most of the are going
Skilled Manpower: abroad. The is virtually no skill manpower left in the country who
can contribute for country’s economic development.
Challenges
Political Instability: Every one of us know how
unstable Nepalese politics is and I need not explain.
Natural Resources Utilization
Energy Crisis:

It most be the biggest of all as Nepal can’t provide energy which is

fundamental requirement for every economic activities. Unless the
stabilized energy supply can be maintained, economic development is so
hard to achieve.
Corruption
 Cont...
These are the Main Problem facing nepalese economy.

There may be other problem that i could not find..

Thank you
References
1. http://www.xinhuanet.com/english/2018-04/26/c_137138382.htm
2. http://birendrabudha.blogspot.com/2012/09/development-issues-and-ch
allenges-in.html
3. http://www.xinhuanet.com/english/2018-04/26/c_137138382.html