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Pinched Forex: Nepal bans imports of cars, cuts work week

april 28, 2022by Reacties uitgeschakeld voor Pinched Forex: Nepal bans imports of cars, cuts work week

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KATHMANDU, Nepal – Nepal banned the import of vehicles, tobacco, alcohol, and other luxury items on Wednesday and cut the workweek short to help conserve the country’s dwindling foreign exchange reserves.

According to a notice published in the government gazette, only emergency vehicles can be imported. Imports of alcohol or tobacco products and heavy-engine motorcycles and cellphones costing more than $600 will

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