State Of Real Estate
risingnepaldaily.com · Mon Mar 25 01:19:24 UTC 2024

Nepal’s economy is buffeted by multiple problems. The country’s manufacturing sector has not been strong for decades. Agriculture is not performing better either due to the apathy on the part of the state. The service sector was doing pretty well. But the COVID-19 pandemic dealt a crushing blow to all these sectors, having a cumulative impact on the national economy. The disruption of the movements of people and supply of goods hit almost all aspects of human life. In order to revive the crippled economy, the government unveiled a series of stimulus schemes so that the trade and industries limp back to life but the post-pandemic recovery has been frustratingly sluggish. Of late, the economy has shown some signs of improvement but there are many promising areas that are still reeling from the pandemic-induced crisis.
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