Gravitas: Is Nepal going the Sri Lanka way?

Nepal has banned the import of 10 luxury and non-essential goods to conserve foreign exchange. The pandemic, followed by the rising oil prices, has drained the Nepalese reserves by 18%. Palki Sharma Upadhyay tells you if Nepal could be the next Sri Lanka.

#Gravitas #SriLanka #Nepal

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Comment (28)

  1. Right decision at right time is the key to success or even survival…besides always love WION's no-nonsense but immensely insightful reports…one can learn so much on economics, foreign affairs and strategy, internal and global politics and what not just by watching these few minutes reports…imagine how much hard work and smart thinking they put in for viewers!!!

  2. Palki and wion, try to show some crisis in India too…so people's voices are heard…

    What a biased view protecting our Govt failures to control inflation…

  3. This is a blessing in disguise for nepal because it save them from taking more heavy loans from China

  4. Not at all. Have a look over recent world Bank and IMF report on Nepal. Indians are always a step ahead to destabilise and creat havoc in Nepal and playing into it. Shame on you!

  5. Nepal is a back stabbing nation . They have switched sides between India and China on will.

    Nepalis enjoy huge freedom in India but take them In a corner and they start abusing you .

  6. India can supply most of Nepalese imports at a lower cost and without Nepal spending Dollars, so I think that’s gonna happen till Nepal starts getting more tourists.

  7. Globalism destroyed the industrial capacity of many countries, they refused to industrial 🏭 and invested heavily in Tourism, catering to the west is a dangerous way of life.

  8. I think an important factor to resilience is going local as much as possible- as in self sustaining, conscious consumerism

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