I heard some promissing statements from the winning party in nepal. only option left to the people in nepal is wait and see. It is true that under communism, economy of the country doesnt go that bad..... but there is no chance of prosperity too. communism gives more priority to miletary action than in global trade and other economical growth. there will be very low export business and same will be the import. we have one of the worst technology in the world so what is the result???? back to halo and kodalo...no tractor , no modern mechanism,,, same old traditional agricultural system. whole product of the country cant feed 2.5 crore nepali people any more.
so we have to depend on other country. once india stops supporting the economy of nepal, value of our currency would go even worst and worst. all the foreign exchange in nepal is controlled by indian currency.
Nepali Rupees 100 = Indian Rupees160 this is same for years and years,,,why?
Is the economical condition of Nepal and india is same no way.