The depleting foreign currency reserve, and the increasing government borrowing from external creditors, could make debt payment in foreign currency increasingly difficult for Nepal.
Despite the significant costs, elections should be treated as a public investment, one that ensures democratic decision-making.
Even before the pandemic, the remittance sector of the Nepali economy was undergoing policy hurdles.
A strong and well-thought-out Technical and Vocational Education and Training boosts productivity and aids in establishing employment opportunities.
Citizens need to concur with the responsibility from their end and realize that elections act as backbone to support the economy.