Write a couple of paragraph about the impacts covid-19 in the context of nepal.
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Answer:
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Explanation:
Nepal’s Economy Is on Edge As Concerns of a COVID-19....
The persistent drumbeat of positive tests and reported deaths in other countries due to COVID-19, the disease caused by the SARS-nCoV-2 virus, have created widespread concerns in Nepal also.
Widespread fears of a possible outbreak are a tough blow for the Nepali economy, which seemed on the cusp of a modest revival after the 2015 earthquake and subsequent Indian blockade.
Nepal is starting to suffer the most abrupt and widespread cessation of economic activity due to widespread fears of a possible outbreak of this deadly respiratory pathogen that is capable of community transmission.
Service industries like tourism and hotels are being hit especially hard. Tourism was expected to drive Nepal’s economic growth and contribute greatly to the high growth target of 8.5 percent that the government had set for this year, but this industry tends to have little financial cushion. The contribution of the tourism sector to Nepal’s economy stood at 7.9 percent in 2018, according to the report prepared by the World Travel and Tourism Council, which represents the private tourism industry and counts more than 200 company members.
It is a tourist season but there is very low occupancy of hotels in major tourist hubs like Pokhara, Thamel, Bandipur, and Chitwan. For Nepal, India is the largest source of tourism industry followed by China and the United States.
Booking cancellations due to the fears of the possible outbreak and the travel restrictions are rocking the tourism industry. Several countries have issued travel advisories and are in lockdown mode to rein in the spread of COVID-19. “We are down to 20-30 percent occupancy now. Last year at this time, we were running at 80-90 percent,” said Ashik Gurung, owner of Hotel Mountain Top in Pokhara. He is worried about the occupancy rates plummeting due to this deadly coronavirus. “In this crucial situation, few operation cost slashing activities are undertaken, including limiting operations and staff motivated to avail their leaves,” he added.
“The occupancy rate is 5-10 percent now,” said Ganesh Bahadur Thapa, owner of Snowland Hotel in Barahi Chowk, Pokhara. He has never seen this disaster before. “It is very difficult to sustain our business,” he added.
The government on Wednesday announced measures including a nationwide halt to the gathering of more than 25 people at a place to prevent the outbreak of COVID-19