South Asian countries are suffering the consequences of a tense and unstable global economic situation, with multiple causes, including the war in Ukraine. The soaring inflation widens budget deficits and empties the coffers of the countries in the region, often already very dependent on the outside for their oil and food supplies. If, in the face of inflation, global actions are beneficial in the short term, they threaten the independence of certain countries and unsettle governments, shown by the examples of Nepal and Sri Lanka.

KATHMANDU, July 25: Over 4 million children are currently estimated to be impacted by monsoon-induced disasters and in urgent need of life-saving support in four South Asian countries, the United Nations Children’s Fund (UNICEF) said on Saturday.

KATHMANDU, March 15: A video conference among the leaders of South Asian Association for Regional Cooperation (SAARC) on tackling the coronavirus outbreak has taken place today evening.

KATHMANDU, Jan 31: The World Health Organization (WHO) has urged South Asian countries including Nepal to remain vigilant and strengthen readiness to rapidly detect any case of importation of the new coronavirus and prevent its spread.

KATHMANDU, Nov 23: Despite having huge potential in production and trading of energy in the South Asian countries including Nepal, these countries have failed to receive larger benefit as they rely only on trading surplus energy than the ones based on economic value addition, said analysts speaking at the Power Summit 2019 on Thursday.

KATHMANDU, Sept 13: While acknowledging the fact that millions of blue-collar workers from this region are employed in Gulf countries and beyond in hazardous working condition, diplomats from South Asian countries have underscored the need for these labor-sending countries to work together for the safety and well-being of these workers.

KATHMANDU, July 5: India has increased its annual aid to Nepal for the fiscal year 2019/20 by 40 %.

KATHMANDU, Aug 22: Experts have said that South Asian countries including Nepal should move forward deepening economic cooperation within the region and also with other Asian countries for inclusive and balanced economic development of the south Asian region.