Economic indicators Improve Ahead of Ease in Lockdown in Nepal
Ease in lockdown Easing the lockdown since mid-May has improved some of the economic indicators of the Nepali economy. On July 20, Nepali cabinet eased four months-long lockdowns, while keeping Covid-19 SOPs in place for the country. The lockdown began on March 24, However, the COVID 19 spread by far has killed 42 people in […]
Extending Lockdowns An Economic Cost
The extension of the lockdown by the government has severe repercussions for the economy as it would deteriorate India’s GDP forecast for FY2020, to a contraction of 2 percent. These estimates will be achieved on the assumption that the lockdown will extend till mid-July and thereby, the engine of the economy will restart by August. […]