Nepal’s development story has long been shaped by external financing through both foreign aid and foreign direct investment (FDI). Yet, as Nepal prepares to graduate from the Least Developed Country (LDC) status in 2026, the question of how the country can sustain growth beyond concessional aid has become increasingly relevant. 

Earthquakes, floods, landslides, fires, and diseases have historically crippled Nepal’s economy, leaving businesses struggling to recover. However, despite repeated catastrophic events, businesses in Nepal fail to learn from past mistakes and continue to lack proper preparedness measures.