In Nepal, SMEs contribute about 22% to the country’s GDP, creating over 1.7 million job opportunities.
The trade and agriculture sectors experienced demand shocks as demand from the accommodation and tourism sectors fell.
It should be acknowledged that technology and knowledge transfer is key to enabling vaccine production in the developing world and waiving patient protection is a step forward in that direction.
Nepal received 1 million Covishield vaccines in the first grant from the Government of India in mid -January this year. By the end of March, Nepal ran out of the India-made vaccine.
The pandemic had a serious toll on the airlines, but this article will focus specifically on airports because airports are an integral part of the aviation industry as they are a gateway to countries and cities.
The government’s decision to introduce a relief package for businesses that have been hit hard by the pandemic is timely.