Nepal Competitiveness Index 2022 Launched

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Nepal Competitiveness Index 2022 Launched

July 11: Nepal Institute for Policy Research in collaboration with Singapore-based Asia Competitiveness Institute (ACI) recently launched the Nepal Competitiveness Index 2022 report.

According to a joint statement issued by the two institutes, an independent research institute based in Kathmandu, the report was launched by Nepal Rastra Bank (NRB)’s Governor Maha Prasad Adhikari at Hotel Aloft in Kathmandu on July 5.

The statement claimed that the report is a first-of-its-kind to be launched in Nepal.

During the occasion, Governor Adhikari reportedly said that such reports are of great importance as they provide additional inputs and provide grassroots data analysis for formulating policies.

According to the statement, the report includes measurement of the competitiveness among the seven provinces of Nepal in different aspects of economic, governance, social, education, and health sectors, with a total of 64 indicators.

The report has identified places of policy interventions, quantified measures of competitiveness, and justified logical arguments made to serve for the betterment of the provinces, added the statement.

A panel discussion was also hosted after the presentation of the report's findings that revolved around different stakeholders and their views on competitiveness.

Among the panelists were, Dr Biswas Gauchan, director of the Institute for Integrated Development Studies (IIDS); Dr Ammu George, research fellow at Asia Competitive Institute; Rohit Gupta, vice president of the Confederation of Nepalese Industries (CNI); and Barsha Shrestha, business head of ICRA Nepal. Jaya Jung Mahat, the founding director of institute, moderated the session.

The event was followed by a meeting at the Pokhara Provincial Office of Chief Minister and Council of Ministers with the Chief Secretary Rabi Lal Pantha on July 7. The the findings of the report was presented during the meeting with more focus on Gandaki Province, added the statement.

Stakeholders said these kinds of reports help guide policy interventions at the provincial level and will act as a baseline for the provinces to measure their competitiveness.

 

 

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