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    Nepal Breaking NewsBusinessRevenue for businesses is decreasing as a result of Covid-19.

    Revenue for businesses is decreasing as a result of Covid-19.

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    According the Economic Climate Survey 2020/21, the Covid-9 epidemic resulted in a revenue drop for up to 45 percent of the country’s business businesses.

    The revenue of these companies dropped by about 75%. According the poll, 32 percent of organisations witnessed a decrease in revenue of 50 to 70 percent, 5 percent of businesses a decline in revenue of 25 to 50 percent, and only one percent of enterprises observed a little increase in revenue.

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    The Local and Economic Development Project (LPED), a joint project of the of Land Management, Cooperatives, and Poverty Alleviation and GIZ on behalf of the German Federal Ministry for Economic Cooperation and Development, conducts the Business Climate Survey (BMZ). These findings were public during the Ministry of Land Management, Cooperatives, and Poverty AlleviationR7;s “National Dissemination Workshop of the Business Climate Survey 2020/21.”


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