The Economy of Nepal
The Way Forward
Nepal's future depends on stable politics, productive jobs at home, tapping hydropower, improving infrastructure and reducing dependence on remittances.
Nepal is scheduled to graduate from Least Developed Country status in 2026.
LDC graduation
Nepal is due to leave the UN’s least developed country list, losing some trade preferences.
Jobs
Creating productive work at home would give young Nepalis alternatives to migration.
Infrastructure
Roads, airports and power lines need investment.
Governance
Strong, stable institutions are needed to deliver.
A returning worker
A man returns from Malaysia with savings and starts a small enterprise.
Expecting remittances to last forever
Labour markets abroad can change.
Key takeaways
- LDC graduation is scheduled for 2026.
- Jobs at home matter.
- Infrastructure is a need.
- Stable governance is key.
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