Nepal Faces a Crisis as COVID-19 Stems the Flow of Remittances
Location
South Asia
Remittances represent more than a quarter of Nepal’s economic output. The pandemic means migrant workers have swapped the risk of death or injury at work with the reality of poverty and homelessness. Financing a shift from subsistence to commercial farming could help prevent food shortages and stimulate employment. Digitization could make migrant workers more resilient to shocks.
Location
South Asia
Topic
Empowered Customers