Dr. Yubaraj Khatiwada Biography
Dr. Yubaraj Khatiwada has been appointed as the finance minister for the newly formed government of Nepal under Prime Minister KP Oli. He has taken his oath for his designation and secrecy from Honourable President Bidhya Devi Bhandari today(26 Feb. 2018).Dr. Khatiwada has obtained his Ph.D. degree in Monetary Economics from Delhi School of Economics. He was appointed as the Vice Chairman of National Planning Commission in 2009 A.D. After that, he was appointed as the Governor of Nepal Rastra Bank and was reappointed as the Vice Chairman of National Planning Commission.
Dr. Khatiwada had previously served as the Governor of Nepal Rastra Bank and also as the vice chairman of the National Planning Commission. So, he possesses in-depth knowledge regarding the subject matter. Thus, it has been expected that his appointment as the finance minister will ensure the much required positive changes in the Nepalese Economy.
Who is Dr. Yubaraj Khatiwada?
Dr. Yuba Raj Khatiwada held double the situation of the Vice-chairman of the National Arranging Commission (which is equal to the Pastor of Arranging) of Nepal amid 2015-16 and amid 2009-2010. He filled in as the governor of Nepal Rastra Bank amid 2010-15. Before this, he filled in as a Senior Financial specialist in the UNDP Territorial Center in Colombo for a long time (2006-2009). He has additionally filled in as an Individual from the National Arranging Commission for the Legislature of Nepal from 2002 to 2005.
More about Dr. Yubaraj Khatiwada
- Intermediate in Arts (IA) and Bachelor of Arts (BA) in Economics from Tribhuvan University (Mechi Campus, Bhadrapur) Nepal in 1976 and 1978 respectively (both in First Division); Master in Arts (MA) in Economics and Masters in Public Administration (MPA) from Tribhuvan University in 1981 and 1984 respectively (both in First Division); Ph. D. in Monetary Economics from Delhi School of Economics, University of Delhi in 1991.
- National Planning Commission, Government of Nepal (since June 24, 2009, to 21 March 2010).
Senior Economist at UNDP RCC:
- Worked as Senior Economist (L5) in UNDP Regional Centre in Colombo (serving Asia and the Pacific) for three years since July 2006; took lead role in supporting several countries of Asia Pacific including Mongolia, Bhutan, Bangladesh, Lao, Nepal, Sri Lanka, Vanuatu, and Maldives in preparing MDG based/ pro‐poor planning or development strategy; provided support to several countries towards for formulating pro‐poor macroeconomic policies.
Member of National Planning Commission, Government of Nepal‐
- Worked for about 3 years (November 2002‐ June 2005); contributed to shaping the 10th plan; coordinated all development programmes of the government and provided multi-sectoral policy support as the sole member of NPC for about a year; headed several task forces like fiscal reform task force, petroleum prices determination committee, sick industries rehabilitation and privatization subcommittees, task force for institutionalizing financial cooperatives, etc.
Head of the Economic Research Department of the Nepal Rastra Bank
- Worked for three years before joining NPC as a Member in November 2002. Worked at Nepal Rastra Bank for about 20 years since 1983, starting from the position of Assistant Research Officer and subsequently being promoted up to the level of Executive Director in 2001; was intermittently on leave to work for the government and the United Nations; retired from the central bank job in January 2009.
- Worked as the post‐graduate level teacher at Tribhuvan University for a year in 1982 and was intermittently a visiting faculty in Tribhuvan University and Kathmandu University during 1992‐2001.
- Attended a number of international training and seminars on development of capital market, domestic resources mobilization, development planning technique, macroeconomic modeling, financial programming and policy, financial crisis, capital flows, MDGs and human development, social sector development, and poverty Attended as a resource person or commentator a number of national and international trainings and seminars on social sector development, resource mobilization, fiscal management, infrastructure, water resource development, global economic outlook, millennium development goals, and financing for development, least developed countries’ forum, South‐ South cooperation, trade and poverty, inequality, and MDGs.
Personal Research Activities
- Undertook a number of research studies on capital market, currency convertibility, inflation, balance of payments, trade and transit facilitation, budget restructuring for human priority concerns, exchange rate policy, problems of export procedures, Nepal Human Development Report 1998 and 2001, budget and aid restructuring for monitoring the 20/20 compact, gender budgeting, economic growth accounting, water resources strategy formulation, economic liberalization, and macroeconomics of poverty reduction; MDG based planning and budgeting, monetary policy, and trade and poverty.
- An Econometric Analysis of the Determinants of Inflation in Nepal, 1981
- Some Aspects of Monetary Policy in Nepal, 1994
- Structural Adjustment Policies and Poverty in Nepal, 2003 (co‐authorship)
- MDG Consistent Macroeconomic Framework, (co-authored).
- A number of articles published in local and foreign journals on monetary and fiscal policies, development issues, macroeconomic issues, economic liberalization, globalization, exchange rate regime, and macroeconomic modeling.
Other Professional Activities
- Member-Board of Directors of Rashtriya Banijya Bank, 1995,
- Nepal Telecommunication Corporation, 1997;
- Nepal Industrial Development Corp, Feb1999 to Nov 2002;
- Member‐ Revenue Advisory Committee (Tariff Board),
- Ministry of Finance, GoN, Aug 1999 to Nov 2002;
- Task Force for the Study of ʺNepalʹs Membership to WTO and Its Implication for the Nepalese Economyʺ, Ministry of Commerce, GoN, March–July 1995;
- Task Force for Drafting Ninth Plan, National Planning Commission, 1997; Committee for the Study of Strengthening Nepalʹs Economic Diplomacy, 2002;
- Privatization committee, GoN, Chairman, Fiscal Policy Task Force, GoN, 2003;
- Coordinator, Petroleum Price Fixation and Monitoring Committee, GoN, 2003,
- Coordinator, Committee on Institutionalizing Financial Cooperatives.
- President, Management Association of Nepal, 1999 to 2002 (two terms);
- Central Council Youth Member (Mechi Zone) of Nepal
- Family Planning Association, 1978‐80.
- Mahendra Bidhya Bhusan by late His Majesty the King Birendra Bir Bikram Shah Dev, 1994.
- Suprabal Gorkha Dakshin Bahu, by late His Majesty the King Birendra Bir Bikram Shah Dev, 2001.
- Letter of Commendation By Federation of Nepalese Chambers of Commerce and Industries on Contribution to Economic Studies and Promotion of Good Management Practices, 2001.
- Felicitated by several organizations in recognition to contributions on development and management process.
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