Kathmandu. The high price hike in fuel due to the ongoing war in the Middle East has also directly affected the Nepali economy. Before the war in the Middle East (February 15), the price of diesel was Rs 139 per liter, which is now Rs 139 per liter. The price of bitumen is Rs. 225 and the price of bitumen is Rs. Rs. 75 to Rs. It has reached 155.

The Federation of Contractors’ Associations of Nepal (FCAN) has said that the construction industry is on the verge of coming to a standstill due to the high cost of transportation of construction materials including diesel, kerosene and bitumen. During this period, only contractors will get Rs. According to the federation, the loss has been more than Rs 10 billion.

The Confederation of Nepalese Chambers of Commerce and Industry (CNI) has urged all sides concerned to address the problems of the contractors in order to ease the financial and mental pressure on the contractors and to make the overall economy dynamic as other industries directly related to the construction project may also be affected.