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...

Fueling Nepal’s economic crisis

Prime Minister Sher Bahadur Deuba was forced to sack Janardan Sharma this week, but only after his finance minister became a political...

Sonia Awale

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”

Nepal’s media has been rife with comparisons between Sri Lanka and Nepal.Madhu Kumar Marasini, Secretary at the Ministry of Finance dispels doubts as Nepalis raise questions about...

State-sponsored economic crisis

On 8 April, Finance Minister Janardan Sharma suspended Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari at a time when the country...

Kathmandu’s unreal real estate prices

A two-bedroom 185 sq m flat in an apartment block in Hatiban is on sale for Rs8.5 million. An average Nepali civil...

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...

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...

Nepal sees spike in suicides during pandemic

Two years ago after going through a bad relationship, a 36-year-old Kathmandu-based doctor started getting suicidal thoughts. During the long months of...

Sonia Awale

The real cost of Nepal’s second wave

The pandemic makes Nepalis poorer and ruins the economy, but the government has no solutions