Enterprises that had been impacted by the outbreak have reopened their doors for business in 87.2 percent of instances.

1

Despite the fact that Nepal’s manufacturing industries and were severely impacted by the COVID-19 outbreak, they have begun to pick up speed in days.

According to study report released by the Nepal Rastra Bank (NRB), 87.2 percent of the COVID-affected had resumed full as of mid-November, according to the report. Following the effects of the first shutdown, which occurred in July 2020, just 4.1 percent of the industries were able to operate at full capacity.

In similar vein, only 2.3 percent of the firms are still closed at the moment. According to the results of an NRB study in April of last year, 4.2 percent of the industries had yet to begin at the time.

When compared to other industries, the rebound of the hotel and restaurant industry has been noticeably slower than the rest. According to the National Retail Federation, an intensified vaccination program following the second wave of coronavirus illnesses has aided the majority of firms in their efforts to recover.

Leave A Reply

Your email address will not be published.