Tuesday 20th October 2020

COVID-19 Hits Tourism Industry Hard: Nepal Sees NPR 60Bn Loss!

“It has been a daunting task to restore the lost economy as the pandemic incurred a loss of NPR 60 billion in the tourism sector,” said Bhattarai.
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COVID-19 Hits Tourism Industry Hard: Nepal Sees NPR 60Bn Loss!

The tourism industry across the globe has been hit hard by the coronavirus pandemic, but the impact is felt harder in Nepal as the Himalayan country is heavily dependent on the tourism sector for their economic balance.

The Nepali tourism sector is prominently affected as the country has been forced to stay in lockdown for over four months, especially during the main spring season.

According to the Minister for Culture, Tourism and Civil Aviation Yogesh Bhattarai, the Nepali tourism sector has incurred a loss of NPR 60 billion due to the pandemic.

Nepal Tourism Minister Yogesh Bhattarai

Speaking at a virtual meeting on the resumption of the tourism sector organized by the Confederation of Nepalese Industries (CNI), Minister Bhattarai said that Nepal has faced a massive loss from international and domestic tourism due to travel bans and other steps taken by the government to contain the pandemic.

“It has been a daunting task to restore the lost economy as the coronavirus pandemic incurred a loss of NPR 60 billion in the tourism sector,” exclaimed Minister Bhattarai.

He said that the Tourism Ministry is continually approaching the Finance Ministry and the Nepal Rastra Bank for an economic package to restore the tourism industry.

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Meanwhile, other members at the meeting also raised some suggestions regarding the revival of the tourism sector.

Nepal Tourism Board

CNI President Satish Kumar Moore suggested that the Nepali Government should resume the tourism sector and civil aviation services by adopting appropriate health measures.

Likewise, CNI member and Chairman of Shree Airlines Sudhir Mittal suggested that both international and domestic flights should be resumed to restore the economic loss caused by the pandemic.


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