News

Nepal’s Remittance-Dependent Economy Braces for Upheaval Amid COVID-19 Pandemic

The government’s decision to stop issuing permits to migrant workers will have significant consequences for the country, where economic activities are driven by remittances, experts say.

According to the Chief of Foreign Employment Office, workers heading to Malaysia and the UAE rushed to his office fearing that they might not be able to leave the country and lose their jobs overseas. The day the government’s decision came to force, nearly 400 migrant workers had queued up at the Foreign Employment Office, Tahachal in Kathmandu.