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Nepal

Nepal: IFRC network mid-year report, January - June 2024 (15 October 2024)

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Context

With a population of approximately 30.5 million, Nepal is a culturally diverse nation, encompassing a rich tapestry of ethnicities, cultures, languages and beliefs. Nepal is experiencing rapid urban growth, ranking among the fastest in South Asia, aligning with the Government’s vision to attain middle-income status by 2030. According to the Human Development Index (HDI) report 2023, Nepal is placed 146 out of 189 countries. Despite the provision of constitutional and legal rights, factors such as power relation, ethnicity, physical access, and digital divide are still barriers for equitable economic development, particularly for women.

According to the multi-dimensional poverty index (MPI) of 2021, 4.9 million Nepalis were multi-dimensionally poor, indicating the need for interventions in nutrition, child mortality, and education. The country is facing a sharp inflation driven by the global trends of increased energy and transportation costs. Over the last few years, Nepal has undergone dynamic and unprecedented political and economic transitions following the promulgation of the Constitution in 2015.

The country continues to recover from the effects of earthquake which struck the Jajarkot district, resulting in widespread destruction of lives and properties. Nepal is a country prone to earthquake and its impacts pose a huge challenge for the most vulnerable people in the country already coping with low socioeconomic indicators.