Key updates on disaster preparedness, remittances, and the challenges faced by overseas workers in Nepal.
In the past week, Nepal has faced significant challenges, particularly in the wake of natural disasters and the ongoing impact of the COVID-19 pandemic on foreign employment agencies. The country declared a national mourning for the victims of the Bhotekoshi floods, which resulted in a death toll of over 1,100, highlighting the urgent need for improved disaster preparedness. In response to the floods, the Prime Minister attributed the disaster to climate change and called for global action. Meanwhile, the World Bank projected that remittance inflows to Nepal could reach USD 8.5 billion in 2022, with recent reports indicating a surge in remittances by 41.2% in the first ten months of the fiscal year. This influx is critical as many Nepali workers abroad face economic pressures and challenges upon their return. Additionally, the government is taking steps to appoint a general manager at Udayapur Cement, aiming to revive the local economy. The situation remains complex as the country navigates the dual challenges of disaster recovery and economic stability.
Articles covered:
- Rethinking Disaster Risk in Nepal: Preparing Differently for Future Natural Hazards
- Covid-19 Pushes Nepal’s Foreign Employment Agencies, Notorious for Cheating, to Struggle for Survival
- UN General Assembly Endorses New World Map Accurately Reflecting Africa’s Size
- Nepali Kickboxer Abiral Ghimire Crowned World Champion in Japan
- Two Workers Rescued Alive After 10 Days in Trishuli-3A Hydropower Tunnel in Nepal
- New Hillside Track Opens to Restore Prithvi Highway Connectivity Near Kathmandu
- Government Initiates General Manager Appointment at Udayapur Cement, Raising Hopes for Revival
- Nepal Receives Over Rs 477 Billion in Remittances During First Four Months of Fiscal Year
- Nepal Declares National Mourning for Bhotekoshi Flood Victims on September 7
- Challenges Ahead for Nepal as Migrants Return Amid Economic Pressures
- World Bank Projects Nepal’s Remittance Inflows to Reach USD 8.5 Billion in 2022
- Catastrophic Floods in Rasuwa Signal Unprecedented Environmental Risks in the Himalayas
- Bhotekoshi Flash Flood Death Toll Reaches 1,114 with Thousands Missing
- KB Kookmin Bank Waives Fees on Nepal Remittances to Aid Flood Recovery
- Bhotekoshi Catastrophe: Nepal Faces Urgent Need for Enhanced Disaster Preparedness
- Nepali Remittance Inflows Surge 41.2% to Rs 1.92 Trillion in First 10 Months
- Nepal’s Remittance Inflows Surge 37.7% in First Eight Months of Fiscal Year 2082/83
- Weekly Summary: Recent Developments in Nepal
- Nepalese Banks Experience Cash Surplus Amid Lack of Loan Demand
- Gold Price Drops Sharply, Slips Below Rs 300,000 per Tola in Nepal
- Nepal PM Attributes Bhotekoshi Disaster to Climate Change, Calls for Global Action
- Nepal Experiences Slight Decline in International Tourist Arrivals in August 2026
- Nepal Faces Critical Crossroads: Transitioning from Hydropower to a Resilient Renewable-Energy Economy
- Flood Concerns Close Zhangmu Port, Impacting Nepal-China Trade at Tatopani Border
- Search inside Rasuwagadhi Hydropower Project tunnel finds no survivors after flood
- Weekly Summary: Nepal’s Recent Developments
- Weekly Summary: Nepal
- Weekly Summary: Nepal’s Recent Developments
