Why the Global South is owed USD 5 trillion in climate reparations

The superstorms, floods, and heat waves of 2024 have been devastating for people and communities worldwide. Losses and damages have

The unprecedented achievements of the Biden-Harris Administration for Asian Americans, Native Hawaiians, and Pacific Islanders

The Biden-Harris Administration has made unparalleled strides in advancing equity, justice, and opportunity for Asian American, Native Hawaiian, and Pacific

A young entrepreneur’s open letter to Prime Minister Oli

‘I hope this letter finds you in good health and high spirits. I am a young entrepreneur, and as one

Beijing+30 review: What it means for Nepal’s women and girls with disabilities

The Beijing Declaration and Platform for Action, abbreviated as ‘BPfA’, is the global bill of rights for women’s equality. It

How global partnership can help greener future campaign

My recent European tour reaffirmed the pivotal role international partnerships play in addressing the complex challenges facing the Hindu Kush

Government forms high-level Economic Reform Commission

"The commission will offer actionable recommendations to steer Nepal's economy in the right direction, making it more dynamic and responsive to the changing times."

Photo: Bizness News

Kathmandu: The government has formed a high-level Economic Reform Commission chaired  by former Finance Secretary Rameshore Khanal. 

The five-member commission, formed based on a proposal from the Ministry of Finance, was approved during Monday’s Cabinet meeting.

The commission includes Dr Prakash Kumar Shrestha, a member of the National Planning Commission; Prof Dr Ram Prasad Gyawali, head of the Economics Department at Tribhuvan University; economist Dr Biswas Gauchan; and Dr Kalpana Khanal, a senior researcher at the Policy Research Institute.

The commission will consult with the private sector and other key stakeholders in the economy as needed, it has been said.

Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel expressed confidence that the commission, after consultations with various sectors, will offer actionable recommendations to steer Nepal’s economy in the right direction, making it more dynamic and responsive to the changing times.

The formation of this commission was part of the Finance Ministry’s 100-day action plan, and the commission will establish its own working procedures.