Protest In Nepal
Protest In Nepal
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This article is more than 2 years old

Meter interest victims in Nepal call the government to address their situation immediately: Nepal update

Meter-interest victims are calling on the government to address their issues immediately. Federal cabinet meeting decides to declare the 'meter byaj' as a crime, where loan sharks give loans at high-interest rates to poor people and increase the interest with time. Although happy with the government's decision, victims seek an immediate resolution to their problems.

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By Pratichya Dulal
Source: SBS
Image: Nepali debtors mainly farmers claiming to have been cheated by microfinance company stage mass protest in capital Kathmandu on 14 March, 2023. (NurPhoto / NurPhoto via Getty Images)

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