Demonetisation in Nepal: Is it a need of the hour or only a hyped debate?

On January 31, the CPN-Unified Socialist raised the issue of demonetisation in Nepal asking Prime Minister Pushpa Kamal Dahal to solve the country’s economic crisis by the means of this.

“To bring the funds that are in the informal sector or hidden into the mainstream of the economy, there should be an initiative to exchange old notes by issuing new notes, which should be implemented immediately,” said the memorandum.