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As Nepal readies for LDC leap, businesses fear a hard landing

Nepal is on the cusp of a historic economic milestone. After more than five-and-a-half decades, the country is set to shed its Least Developed Country (LDC) status in November **** and enter the league of developing nations.

For the government, it’s a milestone to celebrate—a signal that Nepal is ready to step confidently onto the global stage. Graduation promises enhanced international credibility, improved creditworthiness, and stronger appeal for foreign investment. It’s expected to empower the country to pursue economic diplomacy, diversify its economy, and sharpen its competitiveness in a globalised market.