How the rising cost of living crisis is impacting Nepal
Nepal relies heavily on neighbouring India for imports of almost all of its staples, including fuel. …
Nepal is not alone, countries across the region, such as India and Pakistan, are also struggling with soaring inflation. And the war in Ukraine has recently added further pressure, pushing oil prices higher. Nepal’s state-run oil corporation has already increased its fuel prices four times since the beginning of the year, to offset its losses.
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