Nepal’s financial odyssey

We should negotiate double taxation avoidance with countries that have investors with deep bond pockets.

In the first part of this article, titled "Tapping into foreign debt markets", published on March 28, we highlighted the necessity of tapping into foreign debt markets to secure funding for Nepal's energy ambitions. We delved into the obstacles of needing an issuance history. In this piece, we lay out the strategies for initiating the pivotal first step, while also addressing the elephant in the room: Will the rise in commercial foreign public debt and private sector bond borrowing, influenced by the country's credit rating, exhaust foreign currency reserves or plunge the nation into a debt trap?