Nepal News Evening Economic Brief – October 03, 2025
Summary
Digital transactions in Nepal are rapidly increasing amid rising cyber risks, while government relief aids businesses affected by recent Gen-Z protests. Tourism suffers a 45% drop ahead of Dashain, and key infrastructure projects like Rahughat Hydropower near completion despite delays.
Key Points
- Digital payment usage has surged in Nepal with QR codes dominating transactions and over Rs 800 million lost to online scams.
- The government announced a relief package including tax waivers and concessional loans to help businesses impacted by Gen-Z protests.
- Nepal's tourism dropped by 45% in September due to protests, with recovery efforts relying on digital promotions.
- Rahughat Hydropower Project is 90% complete despite delays from COVID-19 and natural disasters, aiming for November 2025 completion.