Tag: #economic crisis
Articles tagged with #economic crisis
State-sponsored economic crisis
Urmila Kapali works as a seamstress in Kathmandu. She has seen her household expenses double in the past six months. Kapali’s son has a job, but…
Fueling Nepal’s economic crisis
Photo: NEPALI TIMES ARCHIVEPrime Minister Sher Bahadur Deuba was forced to sack Janardan Sharma this week, but only after his finance minister…
How Nepal can avert an economic crunch
Just diversify the tourism and remittance-based economy and explore commercial agriculture
“Economy in trouble but no need to panic yet”
All photos: AMIT MACHAMASINepal’s media has been rife with comparisons between Sri Lanka and Nepal.Madhu Kumar Marasini, Secretary at the…
State-sponsored economic crisis
Finance Minister Janardhan Sharma (left), Nepal Rastra Bank Governer Maha Prasad Adhikari (centre), and Prime Minister Sher Bahadur Deuba (rigOn…
Kathmandu’s unreal real estate prices
Land being plotted in KAthmandu's Sankhu for sale. Photos: AMIT MACHAMASIA two-bedroom 185 sq m flat in an apartment block in Hatiban is on sale…
Urgency about Nepal’s economic emergency
Nepal Rastra Bank’s report last month was badly timed — it was a bad idea to sound a warning that Nepal is going belly up just as the country…
Nepal’s remittances, forex reserves drop
Even as Nepal tries to recover from the impact of the pandemic, the country’s economic indicators released this week by the central bank show…
Nepal sees spike in suicides during pandemic
Photo: MONIKA DEUPALATwo years ago after going through a bad relationship, a 36-year-old Kathmandu-based doctor started getting suicidal…
The real cost of Nepal’s second wave
The pandemic makes Nepalis poorer and ruins the economy, but the government has no solutions
Nepal’s economic downturn, 1 year after lockdown
On the eve of the anniversary of the Nepal’s nationwide Covid-19 lockdown on 23 March 2020, the Ministry of Health issued a fresh call for…
Nepal tourism may take 5 years to recover
Photo: AJAYA UPADHAYAYNepal’s tourism sector has hit rock bottom this year due to the Covid-19 crisis, and it will take at least five years to…
Defying predictions, Nepal’s remittances still high
Photo: Pattabi RamanDespite dire predictions about a drastic drop in remittances that Nepal gets from its workers abroad due to the Covid-19…
Economic cost of 5 months of Nepal lockdown
Photo: AJAYA UPADHAYAYAAs serious as the rapid spread in Nepal of the novel coronavirus looks, even more frightening is what the lockdown meant…
Nepalis caught up in Beirut blast recount horror
Photo: @RalphUNICEFSome of the estimated 2,200 Nepalis in Lebanon, most of them female domestic workers in Beirut, have been injured in the…
€75 million EU aid to Nepal for COVID-19
Photo: BIKRAM RAIThe European Union has offered a €75million aid package to Nepal to tackle the COVID-19 pandemic and mitigate its impact. The…
Nepal’s exit strategy
Sooner or later, governments around the world have to decide between economic survival and public health. The choice for politicians is between…
Also keeping financially healthy in a lockdown
Photo: BIKRAM RAIAs we face an unprecedented and precarious pandemic that has caused uncertainty to the entire global economy, Nepal’s own…