- The economic crisis has affected Nepal as well due to its integration with the global economy through foreign employment, remittances, and trade relations with neighboring countries like India and China.
- Remittance inflows have decreased significantly as the number of Nepali workers going abroad has not reduced drastically but their real income has due to pay cuts and loss of benefits by the companies they work for affected by the crisis.
- There are also concerns of illegal currency movements as some recruitment agencies are accused of exchanging Nepali currency in the black market instead of declaring it to central bank.
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- The economic crisis has affected Nepal as well due to its integration with the global economy through foreign employment, remittances, and trade relations with neighboring countries like India and China.
- Remittance inflows have decreased significantly as the number of Nepali workers going abroad has not reduced drastically but their real income has due to pay cuts and loss of benefits by the companies they work for affected by the crisis.
- There are also concerns of illegal currency movements as some recruitment agencies are accused of exchanging Nepali currency in the black market instead of declaring it to central bank.
- The economic crisis has affected Nepal as well due to its integration with the global economy through foreign employment, remittances, and trade relations with neighboring countries like India and China.
- Remittance inflows have decreased significantly as the number of Nepali workers going abroad has not reduced drastically but their real income has due to pay cuts and loss of benefits by the companies they work for affected by the crisis.
- There are also concerns of illegal currency movements as some recruitment agencies are accused of exchanging Nepali currency in the black market instead of declaring it to central bank.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online from Scribd
- The economic crisis has affected Nepal as well due to its integration with the global economy through foreign employment, remittances, and trade relations with neighboring countries like India and China.
- Remittance inflows have decreased significantly as the number of Nepali workers going abroad has not reduced drastically but their real income has due to pay cuts and loss of benefits by the companies they work for affected by the crisis.
- There are also concerns of illegal currency movements as some recruitment agencies are accused of exchanging Nepali currency in the black market instead of declaring it to central bank.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online from Scribd