Study Reveals Deep, Long-Term Impact of Recent Unrest on Nepal's Private Sector
Summary
A recent study reveals that the unrest on Bhadra 23 and 24 last year caused significant physical and psychological damage to Nepal's private sector, with a severe impact on business confidence and investment climate.
Key Points
- The unrest caused approximately 34 billion rupees in direct physical damage to Nepal's private sector.
- Psychological damage to business owners' confidence is deeper and more alarming than the physical damage.
- 97 percent of business owners consider Nepal's investment climate weak, with increased insecurity perceptions.
- Despite challenges, 21 percent of business owners remain willing to invest, while 70 percent are cautious but not completely withdrawn.
