Global inflation straining Nepal’s forex reserves
As a net importing country with imports constituting over 90 percent of international trade, Nepal’s import bill has continued to surge.
Nepal
Salyan villagers forced to use polluted river water
Health workers say the consumption of unclean water from the river is one of the main causes of frequent illnesses among the villagers.
Nepal bans imports of luxury goods amid dwindling forex reserves
The government response follows growing concerns that the country could face an economic crisis.
Nepal’s Supreme Court set to decide on petition on women’s representation in local governments
Previously, the commission did not to make it mandatory for parties to field a woman when they nominate candidates in only one of two executive positions.
Edible oil imports hit Rs100 billion even though Nepalis are not guzzling it
Less than 20 percent of the edible oil that Nepal imports is consumed in the country, with the remaining re-exported, almost all to India.
Funds shortage hits plan to expand nutrition rehabilitation centres across Nepal
According to the Multiple Indicator Survey-2019, the nutrition condition of the country worsened long before the Covid-19 pandemic started.
Suspension of Nepal Rastra Bank governor may put Nepal in IMF’s bad books
One of the IMF’s conditions for approving $396 million credit facility is that central bank and its personnel’s autonomy should be strengthened further.
Men make financial decisions despite rising female literacy: Experts
A World Bank report published in 2020 says that in Nepal, many businesses are registered in the name of women specifically to secure government subsidies given to them.
Summer migratory bird species arrive in Nepal to lay eggs
According to an expert, several bird species migrate to Nepal every summer as the country has favourable climatic conditions and good environment for raising fledglings.
Lack of climate technology hinders critical climate action
A total of 282 meteorological stations are currently in operation across Nepal but there are only 12 weather stations at higher elevations (above 3,000m).