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Defying Predictions, Nepal’s Remittances Still High


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KATHMANDU, Aug 25 (IPS) – Despite dire predictions about a drastic drop in remittances that Nepal gets from its workers abroad due to the Covid-19 induced economic downturn, money transfers have hit Rs875 billion which is only 0.5% less than the preceding year.

Read the full story, “Defying Predictions, Nepal’s Remittances Still High”, on globalissues.org

KATHMANDU, Aug 25 (IPS) – Despite dire predictions about a drastic drop in remittances that Nepal gets from its workers abroad due to the Covid-19 induced economic downturn, money transfers have hit Rs875 billion which is only 0.5% less than the preceding year.Read the full story, “Defying Predictions, Nepal’s Remittances Still High”, on globalissues.org →