Nepal News » Seti News Nepal » Seti » Economy: Nepal’s Economy Has Few Ways to Absorb the Cost of Flood Damage
News channel or source: https://www.nytimes.com/2026/09/01/world/asia/nepal-floods-economy.html
Published on: Tuesday 01 September 2026
The country’s government estimates that the recent catastrophic floods caused $5 billion in damage. That’s one-tenth of Nepal’s entire economy.
News Nepal » Seti » Economy: Nepal’s LDC Graduation Masks Deep Economic Fragility
News channel or source: https://thediplomat.com/2025/08/nepals-ldc-graduation-masks-deep-economic-fragility/
Published on: Friday 08 August 2025
The Himalayan country will move up to developing country status from its current status as a Least Developed Country in November 2026. Nepali Prime Minister K P Sharma Oli called it “a matter of pride ...