The economy was expected to pick up speed after the two main parties Congress and UML formed the government. However, the indicators of the economy are not encouraging after the 100 days of the government. Stakeholders say that despite the government making dozens of commitments during this period, the achievements were not achieved due to lax implementation.

During this period neither the revenue has improved nor the loan demand has increased as expected. The confidence of the private sector has not improved. 

Last August, the Ministry of Finance published a 100-day 30 action plan. Although the Ministry of Finance claims that most of them have been implemented, stakeholders claim that the problem of the overall economy is still there. "It was expected that political stability would be achieved if the government was formed in a coalition of major parties, so the government's focus would be on making economic activities viable," said Rajesh Kumar Agarwal, president of the Confederation of Nepalese Industries. have not done For this reason, the loan demand may not have increased as expected.' 

Looking at the situation of 100 days, the market demand has not increased. Businessmen say that industries are not operating at full capacity due to lack of demand. In this situation, the Ministry of Finance has claimed that the economy has started to improve. Compared to the first hundred days of last year, the capital expenditure for the same period of this year is about 16 percent more. According to the ministry, during this period, 20 billion was paid to construction workers, the amount of dairy farmers, the amount of subsidy on agricultural insurance was paid.

Economic indicators do not look so encouraging. For the current financial year, the government has allocated a budget of 18 trillion 60 billion 30 million. Within 100 days, the government has spent 29 billion 73 billion 67 million in capital expenditure. This is only 8.44 percent of the annual target. This is more than the same period last year. As of October 6, 2008, the government had spent 25 billion 59 million 29 lakhs, i.e. 8.47 percent of the annual target. 

In the last 100 days, 20.94 percent of the annual target, i.e. 2 trillion 38 billion 846 million, has been spent. This is higher than the current expenditure of the same period last year. Up to the same period last year, current expenditure was 2.25 billion 59 crores, i.e. 19.76 percent of the annual target. Economists say that reforming the government's spending system for increasing capital expenditure is not much work now.

In the first 100 days of this year, looking at the government's income and expenditure situation, the government finance deficit is about 81 and a half billion. During that period, the government has spent 3 trillion 48 billion 8176 million while earning 2 trillion 62 billion 364 million. Until the same period of the last financial year, the government's finances were in deficit by about 59 billion. 

The government has collected 18.15 percent of the annual target i.e. 2 trillion 57 billion 53 crore rupees in revenue till 100 days after the formation of the new government (November 6). This is less than the Finance Ministry's revenue collection target in the first three months. During the same period of this year, the government's target was to collect 3 trillion 9 billion 928 million through revenue. But compared to the same period last year, this year's revenue is about 13 and a half percent higher. In the first 100 days of the last financial year, 16.01 percent of the annual target, i.e. 2 trillion 27 billion 69 crore rupees, was collected. This year, the government aims to collect 14 trillion 19 billion 33 million through revenue. "We have set a target of more than 30 percent revenue collection, this is a challenge in itself," said Bhattarai, spokesperson of the Ministry of Finance, "However, there has been some improvement this year compared to last year's revenue collection. The Ministry of

has claimed to have done dozens of things, including the formation of a high-level economic reform commission to suggest ways to improve the country's economy, the implementation of the internal revenue mobilization strategy, the completion of preparations for the country credit rating, and the submission of the bill to the federal parliament. The private sector is not convinced by the government's claims. "Expectations from the government were high, but now the confidence of the private sector does not seem to have increased that much," said Chandra Prasad Dhakal, president of the Federation of Nepalese Industries and Commerce.

Although there are challenges in the economy, it is improving compared to before, said Mahesh Bhattarai, spokesperson of the Ministry of Finance. Spokesman Bhattarai claims that in 100 days, the confidence of the private sector has increased, capital expenditure and revenue collection have increased compared to the same period last year, interest rates have decreased, credit flows to the private sector have increased, the capital market has been active, foreign exchange reserves have increased and remittances have increased. 

"Compared to the same period last year, capital expenditure has increased and revenue collection has also increased by 13 percent," he said. During this period, the Ministry of Finance has issued 73 points of guidance for the implementation of the budget in the important work of the Ministry of Finance and has made the implementation of the budget more effective, which has helped bring significant improvement in current, capital and overall expenses. 

The President of Nepal Chamber of Commerce Kamlesh Kumar Agarwal said that although the government has made a commitment to improve the economy, it has not been implemented with high priority. The government has made a lot of commitments in 100 days. yet to be implemented. This is why the laxity persists. To some extent, the stock market and real estate have generally risen. However, there has not been any improvement in other general economic activities," he said. "Monetary policy has not been flexible yet. The system of current capital loan guidance has also caused some problems. The government has also said it will change some restrictive financial policies. That has not happened.' 

Only last week, the government formed a high-level commission under the chairmanship of former finance secretary Rameshwar Khanal to suggest radical changes in the overall economy. There is no private sector representation in the commission. Agarwal said that if the private sector also participates, it will be more effective. He said that the government can be given 15 points out of 100 while evaluating this period. 

Analraj Bhattarai, an expert in the financial sector and a chartered accountant, says that although the expected improvement in the economy has not been seen in the 100 days of the government, it has not gotten any worse. In these three months, the economy has not deteriorated, inflation has decreased, and the stock market has also appeared to be stable at one level. Industrial production has also increased from 30 to 40-50," he added, "However, the construction sector has not been able to pick up speed. The government has not been able to spend in that area.'