How big will the impact be as Nepal’s major international airport closes for ten hours starting Friday?
Economists say it’s too early to quantify, but the losses for the Nepali economy will be huge.
Nepal’s economic momentum has slowed down since the late September floods, and the government’s decision to close the key airport could stifle growth.
“It will be a big setback for the country’s ailing economy as it will hit tourism and business activities, including transport, hotels, restaurants, telecommunication and other sectors,” said Bishwambhar Pyakurel, a noted economist.
Pyakurel called it a deliberate “restriction” imposed by the government, despite it having many alternatives to carry out construction at the…
