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How Long Can Nepal’s Economy Stand on Remittance Alone?

Nepal’s economy stands at a strange crossroads. On the surface, there are reasons for optimism: foreign exchange reserves appear stable, banks report healthy deposits, and urban markets still show signs of consumer activity. Yet beneath that surface lies a more troubling reality. Industries are weakening, young people are leaving in large numbers, and fertile farmland is slowly being abandoned. What looks stable from afar may, in fact, be structurally fragile.