The World Bank’s Country Economic Memorandum (CEM) on Nepal titled Climbing Higher: Toward a Middle Income Nepal says that despite a rapid reduction in the poverty, there is an urgent need to boost economic growth. If this trend continues, Nepal will not meet the goal of graduating to middle income country status by 2030. (Full report online.)
Accelerating business
Enterprise – Nepal Business Accelerator Program is calling for applications from entrepreneurs for the third batch for growth-stage companies. Batch Three will incorporate 10 teams and is scheduled to begin on 1 August.
www.enterprise.com.np
Yeti pushes SDGs
Yeti Airlines and the United Nations have agreed to promote global Sustainable Development Goals (SDGs) to raise awareness to reduce poverty, improve wellbeing and protect the environment. Yeti’s new aircraft as well boarding passes and other literature will carry the SDG goals on climate change, poverty reduction and gender equality.