Nepal’s economy continues to slide downward. The stock market is falling, bank interest rates are continuously dropping, and foreign debt is rising—naturally passing that burden onto ordinary citizens.
Inflation is out of control. With no active industries, there’s no hope for new employment. Meanwhile, the government continues to increase taxes on citizens. And now, from the fiscal year 2082/83, newly appointed government employees will no longer receive pensions or gratuities—instead, a contribution-based social security system will be implemented.
All of this points to one thing: the country is moving toward a complete economic collapse.
Despite this grim economic reality, there has been no cut in the number of political leaders or their luxurious benefits. Their lavish lifestyles remain unaffected. Corruption, injustice, impunity, and scandals continue unchecked. The nation’s top leaders behave as if they are invincible.
Yes, some parliamentarians have voiced the people’s anger in the House, journalists have asked tough questions, writers have expressed deep concern, and artists have reflected the nation’s moral decay in their work. But despite all this, our entitled politicians show no remorse. Their “corrupt confidence” remains intact, and they appear to have no conscience or will to serve the people or the nation.
Nepal is stuck in a cycle of self-interest, political alliances, power-sharing deals, and backdoor agreements. This choking and terrifying condition must come to an end—one way or another.
