The NDC aims for 25% of private and 20% of public four-wheelers to be electric by 2025, and 90% of private and 60% of public four-wheelers by 2030.
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.