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Nepal holidays

Information about Nepal

In 1951, the Nepali monarch ended the century-old system of rule by hereditary premiers and instituted a cabinet system of government. Reforms in 1990 established a multiparty democracy within the framework of a constitutional monarchy. An insurgency led by Maoists broke out in 1996. The ensuing 10-year civil war between Maoist and government forces witnessed the dissolution of the cabinet and parliament and assumption of absolute power by the king in 2002. Several weeks of mass protests in April 2006 were followed by several months of peace negotiations between the Maoists and government officials, and culminated in a late 2006 peace accord and the promulgation of an interim constitution. Following a nationwide election in April 2008, the newly formed Constituent Assembly (CA) declared Nepal a federal democratic republic and abolished the monarchy at its first meeting the following month. The CA elected the country's first president in July. Between 2008 and 2011 there were four different coalition governments, led twice by the United Communist Party of Nepal-Maoist, which received a plurality of votes in the 2008 CA election, and twice by the Communist Party of Nepal-United Marxist-Leninist (UML). After the CA failed to draft a constitution by the May 2012 deadline set by the Supreme Court, then Prime Minister Baburam BHATTARAI dissolved the CA. Months of negotiations ensued until March 2013 when the major political parties agreed to create an interim government headed by then Chief Justice Khil Raj REGMI with a mandate to hold elections for a new CA. Elections were held in November 2013, in which and the Nepali Congress won the largest share of the seats in the CA and in February 2014 formed a coalition government with the second place UML and with Nepali Congress President Sushil KOIRALA as prime minister

Nepal's economy

Nepal is among the poorest and least developed countries in the world, with about one-quarter of its population living below the poverty line. Nepal is heavily dependent on remittances, which amount to as much as 22-25% of GDP. Agriculture is the mainstay of the economy, providing a livelihood for more than 70% of the population and accounting for a little over one-third of GDP. Industrial activity mainly involves the processing of agricultural products, including pulses, jute, sugarcane, tobacco, and grain. Nepal has considerable scope for exploiting its potential in hydropower, with an estimated 42,000 MW of commercially feasible capacity, but political uncertainty and a difficult business climate have hampered foreign investment. Additional challenges to Nepal's growth include its landlocked geographic location, persistent power shortages, underdeveloped transportation infrastructure, civil strife and labor unrest, and its susceptibility to natural disaster. The lack of political consensus in the past several years has delayed national budgets and prevented much-needed economic reform, although the government passed a full budget in 2013.

Issues in Nepal

joint border commission continues to work on contested sections of boundary with India, including the 400 sq km dispute over the source of the Kalapani River; India has instituted a stricter border regime to restrict transit of Maoist insurgents and illegal cross-border activities Refugees and internally displaced persons: refugees (country of origin): 15,0000-20,000 (Tibet/China) (2013); 29,813 (Bhutan) (2014) IDPs: up to 50,000 (remaining from ten-year Maoist insurgency that officially ended in 2006; figure does not include people displaced since 2007 by inter-communal violence and insecurity in the Terai region) (2013) stateless persons: 800,000 (2011); note - in 2007-2008 the government distributed 2.6 million citizenship certificates to the 3.4 million people without one; the remaining 800,000 without citizenship certificates are not necessarily stateless, and the UNHCR is working with the Nepali Government to clarify their situation; lesser numbers of Bhutanese Hindu refugees of Nepali origin (the Lhotsampa) who were stripped of Bhutanese nationality and forced to flee their country in the late 1980s and early 1990s - and undocumented Tibetan refugees who arrived in Nepal prior to the 1990s - are considered stateless Illicit drugs: illicit producer of cannabis and hashish for the domestic and international drug markets; transit point for opiates from Southeast Asia to the West

Prices in Nepal (1 NPR = 0.01 USD)
Meal in inexpensive restaurant165.75 NPR
3-course meal in restaurant (for 2)721.5 NPR
McDonalds meal663 NPR
Local beer (0.5 draft)215.48 NPR
Foreign beer (0.33 bottle) 277.5 NPR
Cappuccino138.87 NPR
Pepsi/Coke (0.33 bottle)40.28 NPR
Water (0.33 bottle)17.96 NPR
Milk (1l)58.83 NPR
Fresh bread (500g)53.2 NPR
White Rice (1kg)74.58 NPR
Eggs (12) 136.11 NPR
Local Cheese (1kg) 613.92 NPR
Chicken Breast (1kg) 370.05 NPR
Apples (1kg) 155.04 NPR
Oranges (1kg) 92.86 NPR
Tomato (1kg) 58.64 NPR
Potato (1kg) 46.48 NPR
Lettuce (1 head) 24.13 NPR
Water (1.5l)34.26 NPR
Bottle of Wine (Mid-Range) 588 NPR
Domestic Beer (0.5 bottle)180.77 NPR
Foreign beer (0.33 bottle) 243.18 NPR
Cigarettes128.7 NPR
One way local bus ticket14.7 NPR
Monthly pass for bus819 NPR
Taxi start45.5 NPR
Taxi 1km44.16 NPR
Taxi 1hour waiting271.22 NPR
Gasoline (1 liter) 118.9 NPR
Tennis Court Rent (1 Hour on Weekend) 455.1 NPR
Apartment (3 bedrooms) in City Centre 20.7 NPR

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