Webinar Link

Meeting No: 2515 542 8895
Password: nepal

Certificate of Participants

To recieve certificates, please register and attend

Abstract

Nepal's economy saw improved growth in the first half of FY24 (H1FY24) compared to FY23, supported by the services sector, helping its economic growth rebound from a low of 1.9 percent in FY23 to a forecast of 3.3 percent in FY24. Accommodation and food services led the way, fueled by a significant rise in tourist arrivals. In agriculture, there was an increase in paddy production, aided by improved seed availability and favorable weather conditions. The industrial sector contributed to growth as well, supported by higher hydroelectric production. Financial and insurance activities also expanded, although there was a contraction in wholesale and retail trade. The panelists shall deliberate on the future prospects of the economy of Nepal.

About the Speakers

Amb. Manjeev Puri

Manjeev Singh Puri is a Distinguished Fellow and on the Advisory Board of TERI. He joined the Indian Foreign Service in 1982 and has served as Ambassador of India to the European Union, Belgium, Luxembourg, Nepal and as Ambassador/Deputy Permanent Representative of India to the UN. In addition, he has served twice in Germany (in Bonn and Berlin), in Cape Town, Muscat, Bangkok and Caracas. From 2005 to 2009, he headed the UN-Economic & Social Affairs- Division in the Ministry of External Affairs of India and led the Indian delegation for the first meeting of the Global Forum on Migration and Development in Brussels in July 2007 and the presentation of various reports by India at the Human Rights Council. During 2011-2012, when India served on the Security Council, he was a senior member of its delegation.

Major areas of his experience and professional focus relate to the environment, in particular climate change and sustainable development. He was a lead negotiator for India at the UN on issues relating to the post 2015 development agenda, Sustainable Development Goals and at the UN Conference on Sustainable Development held in Rio de Janeiro, Brazil in June 2012. He was a key member of India's delegation at various Climate Change negotiations, including the Conference of Parties of the UNFCCC in Copenhagen in December 2009 and before that at Montreal, Bali, Bonn and Poznan. Furthermore, he was closely involved with India's participation in the G8-G5 Summits from 2005 and he was the points-person on the Indian side at the Major Economies Forum.

Prof. Achyut Wagle

Prof. Achyut Prasad Wagle is currently the Registrar of Kathmandu University. Earlier, he held the positions of Associate Dean of School of Management and the Head of Management Science Department at the School of Management. He holds PhD in Economics from Indian Institute of Technology Kanpur, MSc in Economics from University of Brimingham, UK and MA from Tribhuvan University, Nepal. He also held several important public positions like the Advisor to the Prime Minister of Nepal and Advisor to the Governor of Nepal Rastra Bank, the Central Bank of the country, among others. He is a seasoned weekly columnist to the Kathmandu Post/Kantipur, the most popular daily newspapers of Nepal. He teaches Econometrics and other core courses on Economics and Research. His research interests include business environment, regional economy, fiscal federalism, and entrepreneurship.