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Summary

The document is about the effect of the COVID-19 pandemic on foreign employment and its impact on the economy of Nepal. The COVID-19 pandemic has caused a global recession with lasting effects. Nepal, reliant on remittances, faces a dual challenge of economic fallout and returning migrant workers, leading to job losses abroad and reduced future employment opportunities. Remittances are at risk unless new sources emerge. Government actions have been taken, but additional policies are needed for economic revival. Recommendations cover immediate relief measures and recovery efforts, emphasizing efficient policy implementation to protect vulnerable populations and rejuvenate the economy.