Nepal reports slower decline in poverty


Foreign funds: A worker from Nepal cleaning in Doha, Qatar. Many households in Nepal rely on money from family members employed overseas. — AP

KATHMANDU: Nepal has failed to bring down the poverty rate in the past 12 years as 20% of the population remains pegged below the poverty line, says a new government survey.

Nepal went through political instability, prolonged load-shedding, earthquakes, introduction of the new federal constitution, the first and second federal elections, and the Covid-19 pandemic in this period.

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