Nepal’s Capital controls are becoming a strategic liability
Shreyasi Rana New Delhi, Feb 4 (UNI) For more than six decades, Nepal has operated under an unusual contradiction: it actively courts foreign capital at home while prohibiting its own private sector from investing abroad. That asymmetry, rooted in the Foreign Exchange Regulation Act (FERA) of 1962, made sense in a post-monarchy, inward-looking developmental state….
