Nepal Stock Market
Posted by Noman Manzoor | Posted in
After a multiparty democracy was created in 1990, a Maoist insurgency, which started in 1996, became threatening to the state. In 2002, the king dismissed the government for suspending parliament and then being unable to have elections because of the Maoist insurgency. The king declared a state of emergency in February 2005, after expressing discontent with the newly established government for not making any progress in tackling the Maoist insurgency. The emergency ended in May 2005, the king stayed in power until April 2006, and Parliament resumed the same month. Based on the 2006 peace accord between the Maoists and the state, a new constitution was created with the Maoists being allowed to participate in the parliament; elections are coming in June 2007.
Capital City: Kathmandu (+5:45 GMT)
Chief of State: Girija Prasad KOIRALA
Head of Govt.: Prime Minister Girija Prasad KOIRALA
Currency: Nepalese rupee
Main Cities: Biratnagar, Patan, Pokhara
Major Languages: Nepali
Calling Code: 977
Voltage: 220V
Stock Exchanges: Nepal Stock Exchange
Primary Religions: Hinduism
Main Airports
Kathmandu (KTM) (Tribhuvan)
U.S. Embassy
Pani Pokhari, KathmanduTel: [977] (1) 441-1179http://kathmandu.usembassy.gov/
Statistics
GDP: purchasing power parity:
$39.9 billion (2005 est.)
GDP - real growth rate:
2.7% (2005 est.)
GDP - per capita: purchasing power parity:
1,400 (2005 est.)
Inflation rate (consumer prices):
7.8% (October 2005 est.)
Labor force:
10.4 million note: severe lack of skilled labor (2004 est.)
Exports:
$822 million f.o.b.; note - does not include unrecorded border trade with India (2005 est.)
Exports - partners:
India 53.7%, US 17.3%, Germany 7.1% (2005)
Imports:
$2 billion f.o.b. (2005 est.)
Imports - partners:
India 47.2%, UAE 11.3%, China 10.9%, Saudi Arabia 5%, Kuwait 4.2% (2005)
Population:
Capital City: Kathmandu (+5:45 GMT)
Chief of State: Girija Prasad KOIRALA
Head of Govt.: Prime Minister Girija Prasad KOIRALA
Currency: Nepalese rupee
Main Cities: Biratnagar, Patan, Pokhara
Major Languages: Nepali
Calling Code: 977
Voltage: 220V
Stock Exchanges: Nepal Stock Exchange
Primary Religions: Hinduism
Main Airports
Kathmandu (KTM) (Tribhuvan)
U.S. Embassy
Pani Pokhari, KathmanduTel: [977] (1) 441-1179http://kathmandu.usembassy.gov/
Statistics
GDP: purchasing power parity:
$39.9 billion (2005 est.)
GDP - real growth rate:
2.7% (2005 est.)
GDP - per capita: purchasing power parity:
1,400 (2005 est.)
Inflation rate (consumer prices):
7.8% (October 2005 est.)
Labor force:
10.4 million note: severe lack of skilled labor (2004 est.)
Exports:
$822 million f.o.b.; note - does not include unrecorded border trade with India (2005 est.)
Exports - partners:
India 53.7%, US 17.3%, Germany 7.1% (2005)
Imports:
$2 billion f.o.b. (2005 est.)
Imports - partners:
India 47.2%, UAE 11.3%, China 10.9%, Saudi Arabia 5%, Kuwait 4.2% (2005)
Population:
28,287,147 (July 2006 est.)
Population growth rate:
2.17% (2006 est.)
Population Below Poverty Line:
31% (2003-2004)
Major Industries:
tourism, carpet, textile; small rice, jute, sugar, and oilseed mills; cigarettes, cement and brick production
Employing Workers: 150*
Registering Property: 25*
Enforcing Contracts: 105*
Closing a Business: 95*
*2006 World Bank rank out of 175 countries
Population growth rate:
2.17% (2006 est.)
Population Below Poverty Line:
31% (2003-2004)
Major Industries:
tourism, carpet, textile; small rice, jute, sugar, and oilseed mills; cigarettes, cement and brick production
Employing Workers: 150*
Registering Property: 25*
Enforcing Contracts: 105*
Closing a Business: 95*
*2006 World Bank rank out of 175 countries
Comments (0)
Post a Comment