Tuesday, June 5, 2012

Four years of CA: Fiscal budget, GDP growth and inflation target and achievement

Total expenditure, target and achievement during the last four years of CA in Nepal. Between 2008/09 and 2010/11, total expenditure (current local prices) went up by almost 63 percent without having much impact on the productive capacity of the economy. Meantime, growth and inflation targets were consistently missed. Here is more on the four wasteful years.

The figure for inflation in 2011/12 is own estimate (based on quick calculation from the available data).