Nepal bans imports of luxury goods Nepal bans imports of luxury goods due to financial crisis – News18 Malayalam

However, the ban will take effect after the end of the current financial year. The current financial year in Nepal ends in mid-July. Earlier, the central bank had directed commercial banks not to lend for importing luxury items. Ordered by the Central Bank in the first week of April. Imports of alcohol, cigarettes, tobacco products, diamonds, mobile phones, color television sets, SUVs, cars, vans, motorcycles, toys and playing cards were banned.

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