Summary
Young people in Nepal protested against the government's corruption and inequality, leading to the government's collapse in under 48 hours. The protests resulted in significant damage across the country, and the financial loss could be nearly half of Nepal's GDP.
Key Facts
- Protests in Nepal led to the fall of the government in less than 48 hours.
- The unrest resulted in 72 deaths, making it the deadliest in decades.
- Protestors damaged official buildings and luxury hotels, including the Hilton in Kathmandu.
- Financial losses from the protests are estimated to be around 3 trillion Nepalese rupees.
- The protests were driven by frustration with political corruption and inequality.
- Young Nepalis expressed anger at the wealth flaunted by politicians' children, called "nepo babies."
- Nepal has faced political instability, with 14 governments in 17 years since becoming a republic in 2008.
- Nepal's GDP per capita is below $1,500, placing it as the second poorest in South Asia after Afghanistan.