Nepal’s Broken Foreign Payment System: A Barrier to Global Growth
The Digital Dream vs. Bureaucratic Reality Nepal champions digital transformation and global connectivity, yet its foreign payment system remains mired in inefficiencies. Despite boasting $17.2 billion in forex reserves—enough to cover 17 months of imports—businesses and individuals face significant hurdles in global transactions: The Irony of Financial Strength Nepal’s robust forex reserves contrast sharply with … Read more