Download budget pokhara

Gokarna Awasthi
Business Bureau Chief, Kantipur
Daily
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Total GDP- Around 1700 billion
Agriculuture- 35%
Services- 50%
Manufacturing- 7%
Others- 8%
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GDP Growth Rate- 3.6 %
Inflation- 10 %
Unemployment rate- 4%
Investment- Around 30% of GDP
Consumption- 90% of GDP
Debt- 14 thousand per person (266b f d)
 Income
and expenditure
framework of the government
in a particular fiscal year.
 Eco-political document of the
ruling party
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Total Budget- 517 billion
Capital Expenditure - 85 bn.
Re- Current- 353 bn.
Financing- 78 bn
Revenue Target- 354 bn.
Foreign Grant- 69 bn.
Deficit- 87 bn.
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2061/62
2062/63
2063/64
Tar. Ach.
Tar. Ach
Tar Ach
Growth
4.5 2
4.
2.3
5
2.5
Inflation 4 4.3
3.9
8
5
6.6
Dev. E. 31b 25b
36b 29b 45b 39b
2064/65
2065/66
Tar. Ach. Tar. Ach.
5 5.56
7 3.9
6.4 7.7 7.5 13
55b 53b 91b 60b
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Growth
Inflation
Dev. E.
2066/67
Tar. Ach.
5.5 3.5
7.5
9.6
106b 80b
2067/68
Tar. Ach
5
3.5
7.5
9.6
129b 108b
2068/69
Tar Ach
5.5
4.6
7
8.3
72b 60b
2069/70
Tar. Ach.
5.5 3.6
7
9.9
51b 45b
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Total export-77 billion (FY 2012/2013)
Total export- 52 bn. (First 7 months)
Total import - 556 billion (FY 2012/2013)
Total Import- 392 bn. ( First 7 months)
Trade Deficit- 479 bn. (FY 2012/2013)
Trade Deficit – 339 bn. ( First 7 months)
India alone comprises 63 % of total trade
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Growth 1.5%
Insecurity
Labor Dispute
Load Shedding
Strikes & Bandas
Lack of Special economic Zone
Trading Culture
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Foreign Employment
Around 3 million Nepalese working abroad
expect India
Around 1400 youths leave Nepal every day
for employment
Nepal received Rs. 434 billion Remittance last
year
90 percent works in Malaysia, UAE, Quatar
and Saudi
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Lack of Skilled Manpower
Workers r working in a vulnerable working
environment.
Passive Economic Diplomacy.
Low salary.
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Around 800 thousands tourist arrival- 2012
Significat growth in 2010
2011 visit Nepal year
Lack of connectivity –NAC
Strikes and bandas
Lack of Skilled Manpower
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Around 70 percent Nepalese engaged
32 percent of GDp
Livelihood production process
Lack of Market
Lack of transportation system
Irrigation -60 % projects seasonal
Non tariff barriers in export
Technology constraints
450 thousand ton food deficit (Last year)
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Rural Economy
◦ Agriculture- Livelihood
◦ Agro Based Industry- Small Scale, Lack of
technology and Market
◦ Tourism- Government’s Slogan
◦ Poverty- Extreme
◦ NGO’s influence- Non effective
◦ Politically aware
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Urban Economy
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Service Sector
Agency Business
Financial intermediaries
Real Estate
Share Market
Tourism
Less value added economic activities
Higher employment then rural areas
Vulnerable informal sector for employee
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Poverty- 23 percent people below poverty
line
Lower Growth- Average 3 to 4 Percent
Unemployment- 76 lacs under employed
Lower Savings- Around 90 percent of the
incomes spends on consumption
High Inflation- Around10 % Previous year
highest in 17 Years
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Happiness of the People
Employment Creation
Increase Investment
Conducive Environment
Security
Strong Government
Political Stability
Political consensus
National Interest
Thank You