International Funding

Remittances already account for nearly 67 per cent of Nepal’s total foreign currency earnings. Tourism and exports from the Gulf add smaller but important flows. Last fiscal year, 20,504 tourists from Gulf countries visited Nepal, representing 1.8 per cent of total arrivals.

As Afghanistan grapples with this latest natural disaster, the episode underscores the urgent need for both immediate humanitarian support and longer-term adaptation strategies.

ILO’s Nepal country director Numan Özcan says that with evidence-based planning, increased investment, and inclusive social dialogue, the country can turn a potential setback into a catalyst for sustainable, job-rich development.

Despite the escalating emergency, the Taliban administration has continually sought to project an image of economic stability. Yet, the stark realities on the ground – shuttered trade routes, skyrocketing grocery bills, and overcrowded malnutrition clinics – tell a vastly different story.

With extensive 4G mobile coverage reaching a vast majority of the island, Sri Lanka is reasonably positioned.

Despite the optimism, experts warn of hurdles in ensuring equitable distribution and community access to funds. Past REDD+ pilots in Nepal have faced criticism for bureaucratic delays and inadequate consultation with marginalized groups, including indigenous Tharu and Chepang communities in the targeted provinces.

By combining economic opportunities with risk reduction, CRALEP aims to create a ripple effect: improved market access, better health, and reduced poverty.

Supporters argue that Gates’ philanthropic contributions – saving millions of lives through vaccination programs – should not be overshadowed by past errors. Detractors highlight the hypocrisy in a figure promoting ethical global solutions while entangled in such controversies.