While Nepal recorded a record-breaking surge in remittances during the 2025/26 fiscal year, the simultaneous 52 percent decline in new Gulf-bound job approvals signals a looming economic threat. This disparity exposes the nation's dangerous reliance on foreign labor markets, necessitating urgent domestic job creation and better protection for those working abroad.
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While Nepal recorded a record-breaking surge in remittances during the 2025/26 fiscal year, the simultaneous 52 percent decline in new Gulf-bound job approvals signals a looming economic threat. This disparity exposes the nation's dangerous reliance on foreign labor markets, necessitating urgent domestic job creation and better protection for those working abroad.
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