Browsing by Subject "GOVERNMENT EXPENDITURE AND ECONOMIC GROWTH"
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Item GOVERNMENT EXPENDITURE AND ECONOMIC GROWTH IN NEPAL: A DISAGGREGATED ANALYSIS(2022-07) MALEGO, ABHIJITNepal has been implementing periodical economic plan for economic development since late 1950s. There is increasing trend in government expenditure by every year. The Gross domestic product (GDP) growth rate is substantial if it can deliver economic development. However, Barma (2010) found that Nepalese public expenditure rate is more than that of nominal growth rate of GDP. Further, he mentioned that there is increasing dependency on foreign loan to fulfill the large requirement of resources for principal repayment and loan interest and to accomplish the increasing resource gap.“Nepal’s hydro-power potential is considered as the second highest in the world but the country is troubled by the frequent power outages.