Nepal risks losing up to 132,000 jobs, $1 billion after LDC exit

ILO warns reduced exports after November may cost jobs, mainly for women, unless Nepal boosts competitiveness.

Nepal may lose 132,000 existing jobs—about half of them held by women—and incur nearly $1 billion in economic losses over five years following its graduation from the Least Developed Country (LDC) to a developing country in November 2026, a report unveiled on Monday said.