Views Collection

The recession in the United Kingdom and the United States has something to do with the world’s economy. Many underdeveloped nations and the developing nations are affected with the financial crisis of these two nations. Nepal being one of the developing nations cannot be an exception.

However this economic crisis hasn’t been too harsh with the Nepali economy. The foreign direct investment is solely responsible for keeping Nepali economy safe to some extent. The Nepali legislation is not very flexible with foreign investment which is why; the local economy hugely depends upon its own resources. The stock market is totally safe as the listed share trading institutes doesn’t include foreign share issuing companies.

To some extent Nepali economy has been affected. One of the main sources of income for Nepal is remittance which is slightly affected from the recession seen in the west. Many industrialists and business professionals have termed Nepali economy as "Insulated" in regards to the recession of the UK and the US.