The economy moves on
kathmandupost.com · Mon Feb 22 07:36:14 UTC 2021
The impact of the pandemic on the Nepali economy is waning.
It is very difficult for people who have recently arrived in Nepal to comprehend how the economy functions and how the pandemic has impacted the economy. We find that people analysing the Nepali economy try to put it in the same basket as the Indian or other South Asian economies or economies in Africa of this size. But little analysis is done on the relationship between society, culture and Nepali economy. One needs to visit the clubs in Thamel that are packed to the hilt on weekends and or observe the swarm of people that come to Kathmandu or other urban centres for political rallies. There is surely a lot of domestic tourism spending fueled by rent money, political party treasures and graft.
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