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Nepal

Everest Dilemma

Nepal’s decision to increase permit fees for climbing Mount Everest signals a critical shift in its approach to managing the world’s tallest peak. While the hike in fees ~ from $11,000 to $15,000 during the peak season ~ will undoubtedly bolster Nepal’s revenues

Nepal too?

According to the country’s central bank (Nepal Rastra Bank or NRB), foreign currency reserves dropped by over 16 per cent to $9.59 billion in the seven months leading up to February 2022.