With the departure of more skilled workers, the composition of white-collar and blue-collar workers should change leading to more remittance inflow to the country.
The future of Nepal lies in how we leverage the growth of our neighbors.
The IPL’s financial success largely stems from its media rights, which were sold for INR 4,838 billion (USD 6.2 billion) in 2022. NPL, by contrast, currently pays NPR 40-50 million (USD 370,000) to broadcasters like Star Sports for coverage.
Unlocking full potentials of remittances require us to see beyond its contribution in National Accounts or balance sheets.
The concept of smooth transition embodies the principle that LDC-specific support should be phased out gradually and predictably following graduation, so as not to disrupt the development process of the graduating country.
Simply announcing benefits aiming to empower women financially does not translate into the targeted women being able to access them.