How a new Covid-19 wave is crippling the already fragile Nepal economy

The third wave of Covid-19 has well and truly hit Nepal. With over 80,000 active cases in the country, the government upon recommendation from the Covid-19 Crisis Management Coordination Center (CCMCC), has put in restrictive measures that have once again paralysed the Nepal economy that had only started to get going.

Business is at a standstill as shopping malls and movie halls are shut. With fewer and fewer people getting out of their homes due to fear of Covid-19, it has directly affected the country’s economic indexes.