Nepal is affected by the crisis on internal and external determinants: (i) tourism and (ii) remittance.

Tourism is a major industry sector in Nepal. Many people make a living on this, especially mountaineering. And now, beause of the Corona crisis, almost everything is closed.

Another problem are Nepali people working abroad.  They transfer money back. In 2019, these migrants contributed 26% of Nepal’s GDP. And now, this process almost stopped.

Podcast as Audio File