Monday, December 31, 2007

THE YEAR THAT WAS.....2007


Yet another year passed by…it seems like yesterday when we were bidding adieu to the year 2006 and welcoming 2007 with open arms. Today we set to say goodbye to the same 2007 which we had welcomed with so much of pomp and enthusiasm.

Lots of things changed in the year 2007, some for the good while others not so good. On the political front, nothing much favorable happened. Those who were hopeful that throwing away monarchy would put an end to the political turmoil got nothing more than disappointments as matters got no better. Little was achieved as far as the peace processes are concerned. After expending millions of rupees for the preparation of electoral polls, it was disheartening to know that the seven parties had decided to suspend the election program indefinitely.

The disruption of the distribution of The Himalayan Times and Annapurna Post was yet another sad example of deteriorating law and order situation of the nation. The Terai unrest was especially disturbing to me as my roots belong there and it breaks my heart to see people against people.

While at the end of year 2006, we were given the news of Saddan Hussain’s capital punishment, year 2007 ends with the tragic incident of Benazir Bhutto’s assasination. May her soul rest In peace.!!!


Lots of aid has flown in the country. The World Bank approved $18.2 million grant to support efforts to minimize the avian influenza infection and a $60 million education grant. ADB approved a $1 million grant for improving livelihhood. Japan provided a Rs. 180 million grant as food aid. Norway agreed to provide Rs. 120 million for Peace Trust Fund and Rs. 80 million for UN Peace Fund. Denmark agreed to provide Rs. 3 billion aid for the energy sector. However, despite the incoming funds flow, the socio-economic situation of the country is questionable.

One event that created outburst throughout the nation was the hike in the prices of petroleum products. The irony, however, is that despite the hike in prices, the crisis persisted and consumers still had to wait in queue from midnight to midday to get their share of the petrol.

Despite lots of negativity taking place, the year did see some positive light. Nepalese in Nepal and outsite has made the country and its countrymen proud. The boy next door Prashant Tamang created headlines after winning the Indian Idol 3 finale. Mahabir Pun made the entire nation proud after getting the Raman Magsaysay Award 2007 for his outstanding contribution to the community Leadership. Kudos to the achievers!!!


The year 2007 also saw an increase in the number of financial institutions. 3 commercial banks started operation in addition to the mushrooming finance companies and development banks. The share market saw a record high growth rate.

As far as the tourism sector is concerned, the year 2007 was THE year which ignited hope for the sector. After 9 years of slack, the year 2007 showed a positive growth in tourism proving that the tourists are again gaining confidence over the country. Four international airlines have spread wings in Nepali sky and more are in the pipeline. Something to feel good about….


Overall, the year was a blend of positivism, hope, rejoice, remorse and rebellion. As citizens, all we can do is learn from mistakes and vow to correct them. A small effort from every individual can create wonders and change the nation’s fate. Hope to have a better year ahead with better things happenning for the country. On this positive note, wishing all the members of the Nepali and the world famile a VERY HAPPY NEW YEAR 2007!!!

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