KCS GAD Risk Map Brief: Nepal Aug 2022

Nepal

Like with most Western nations today, inflation is increasingly becoming an economic upheaval that most governments are struggling to deal with. However, in Nepal’s case, inflation is not a recent problem. Inflation is at a six-year high, with it increasingly rapidly since the Russian invasion of Ukraine, due to the rise in crude oil prices. Annual inflation accelerated to 8.56% for June, pushed up by…

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