Nepal
Nepal cancels 2-day weekly holiday after month-long trial
Kathmandu/UNI/Xinhua: Nepal will resume a one-day weekly holiday from this week after experimenting with Saturday-Sunday holidays for a month, an official said on Wednesday.
"Two-day public holidays in a week appeared to be impractical in cases of Nepal," Fanindra Mani Pokharel, spokesman for the Ministry of Home Affairs,said. "So the decision was rolled back after experimenting with it for a month."
He said the government has to return to a single-day public holiday because two-day holidays had affected its service delivery to the people. Many government and private offices had defied the government's rule on two-day holidays.
"Now a one-day public holiday in a week will be observed on Saturday," said Pokharel. "The office hours of the government offices will run from 10:00 am to 5:00 pm"
The cabinet decided to add Sunday as a public holiday from May 15 with a view to cutting the consumption of fuels, whose prices have skyrocketed in recent months.
Fuels are the largest import item for Nepal, accounting for nearly 16 percent of the total merchandise imports in the first 10 months of the current fiscal year that began in mid-July 2021, according to the Trade and Export Promotion Center.
Rising imports depleted Nepal's foreign exchange reserves to 9.28 billion U.S. dollars in mid-May, down from 11.75 billion dollars in mid-July 2021, according to Nepal Rastra Bank, the central bank of the country.
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