Remittances and Real Exchange Rates in South Asia: The Case of Nepal - newsallabc.com
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Saturday, January 7, 2023

Remittances and Real Exchange Rates in South Asia: The Case of Nepal

There are about 4.5 million Nepalis in America and 1.5 million have their own homes.  30,000 of them are doing business here.  Most of the remittances to Nepal are from America.
 In the next 10-15 years, there is a possibility that remittances from America will automatically stop after the balance of their parents.  Because the children will be settled in America and no one will be alive to send money to Nepal.  The pain of being a Nepali for the new generations is that they desperately want to leave the country to escape from the looting of parasitic politicians, unproductive brokers and corrupt employees, so he did not send money.
 If remittances from abroad are stopped or if the no remittance campaign continues for a few months, Nepal's economy will collapse and the leaders will flee like in Sri Lanka.


 If the Nepali people, who live abroad and send foreign money to Nepal and contribute to Nepal's economy, are being harassed, chased, robbed, not allowed to take goods based on their income from foreign currency, robbed and humiliated, the possibility of dire consequences is imminent.
 If the leaders and employees of the robber traders import consumer goods from the foreign currency earned and sent by others, and the broker traders who do not bring a single dollar of foreign currency, the Nepalese food donors abroad can organize and advance the no remittance campaign in a strong manner.  The fact that Nepal's money is due to the foreign currency remittances of Nepalis abroad should be seriously pondered by the power-operating robber parasites as much as possible.  The policy of getting Nepalis who earn foreign currency and feeding the profiteers who earn money by importing various goods from the same foreign currency through monopoly business is a dangerous sign, Chetna Bhaya!
 If foreign money stops coming, the country will collapse, business, import, real estate, banks, finance will all collapse.

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