From The Editor

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Sept. 3, 2010, 5:45 p.m.

We ended our note in these columns in the last issue with a question that had been haunting common men across the country: even if we have a new prime minister, a new government and a new constitution will it make any difference to the present state of the nation? We then concluded that such frustration and loss of faith in future can be dangerous and disturbing. Nothing has changed in the past two weeks. If any, it has changed only for the worse. With the fifth round of prime minister’s election predictably failing to produce an outcome, the political crisis has deepened. Even deeper now is the looming economic crisis. With no new budget on time, the government spending is set to come to a grinding halt in a few weeks. That will halt all economic activities – most importantly the monthly pay to the government staff. Revenue will be hard hit at a time when import already far exceeds exports and even the service sector facing a dangerous deficit (see a related story in the inside pages).  Clearly, an emergency appears on the cards whether one likes it or not. Political as well as economic emergency. And there is no light at the end of the tunnel yet. We wonder if we are waiting helplessly for the inevitable. Does someone dare to prevent the inevitable? They say, every crisis comes with a solution. We can only hope that that comes true. 


Keshab Poudel
Editor

 

 

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