Flags of The World
      Home > World Flags > Nepal

Nepal Flag

Nepal Flag
Flag of Nepal
Nepal flags for displaying indoors or out.
Business/Geographic Mapping & Drawing Software
Free Download: Easily create business or geographical maps, charts & Illustrations. Includes world, national-state maps & flags, physical & political maps, elevation & ocean maps, highway & county maps, historical flags, and much more! See Examples.
Find the Best Sites For World Flags With Joltsearch
JoltSearch is an excellent resource for quality sites on World Flags and much more! Get your Google listings for World Flags with JoltSearch!

Nepal

Nepal Background

In 1951, the Nepalese 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. A Maoist insurgency, launched in 1996, has gained traction and is threatening to bring down the regime. In 2001, the Crown Prince massacred ten members of the royal family, including the king and queen, and then took his own life. In October 2002, the new king dismissed the prime minister and his cabinet for "incompetence" after they dissolved the parliament and were subsequently unable to hold elections because of the ongoing insurgency. The country is now governed by the king and his appointed cabinet, which has negotiated a cease-fire with the Maoist insurgents, until elections can be held at some unspecified future date.

Nepal Economy

Nepal is among the poorest and least developed countries in the world with 42% of its population living below the poverty line. Agriculture is the mainstay of the economy, providing a livelihood for over 80% of the population and accounting for 40% of GDP. Industrial activity mainly involves the processing of agricultural produce including jute, sugarcane, tobacco, and grain. Textile and carpet production, accounting for about 80% of foreign exchange earnings in recent years, contracted in 2001-02 due to the overall slowdown in the world economy and pressures by Maoist insurgents on factory owners and workers. Security concerns in the wake of the Maoist conflict and the September 11, 2001 terrorist attacks in the US have led to a decrease in tourism, another key source of foreign exchange. Since 1991, the government has been moving forward with economic reforms, e.g., by reducing business licenses and registration requirements to simplify investment procedures, reducing subsidies, privatizing state industries, and laying off civil servants. Nepal has considerable scope for exploiting its potential in hydropower and tourism, areas of recent foreign investment interest. Prospects for foreign trade or investment in other sectors will remain poor, however, because of the small size of the economy, its technological backwardness, its remoteness, its landlocked geographic location, and its susceptibility to natural disaster. The international community's role of funding more than 60% of Nepal's development budget and more than 28% of total budgetary expenditures will likely continue as a major ingredient of growth.

Nepal Location

Southern Asia, between China and India

Nepal Flag

red with a blue border around the unique shape of two overlapping right triangles; the smaller, upper triangle bears a white stylized moon and the larger, lower triangle bears a white 12-pointed sun


World Flags | Flag Kits | Flag Poles | Flag Decals | Flag Lapel Pins | State Flags | Home