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Nepal govt bans import of luxurious items until mid-July 2022 as economic crisis deepens

Shortpedia
Content Team
Image Credit: thestatesman

Nepal government has imposed a total ban on the import of 10 luxurious goods until mid-July 2022 after the countrys economic crisis deepened. The measure has been taken to stop further depleting the country's foreign exchange reserve. According to the Ministry of Industry, Commerce and Supplies, the ban will not apply to those who complete the banking process before April 30.


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