Politics

Iran–Israel War Puts Nepal’s Economy at High Risk: Remittances, Fuel Supply and Inflation Under Pressure

8:59 pm

Kathmandu – The escalating war between Iran and Israel — with the United States reportedly involved — is raising serious concerns for Nepal’s fragile, import-dependent economy. Although Nepal has minimal direct trade with Iran, its heavy reliance on remittances from Gulf nations and fuel imports via India places it in a vulnerable position.

Remittance Flow at... [Read more]