what are the causes of corruption in Nepal?
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Pervasive corruption is a major challenge for foreign companies in Nepal. Kickbacks and facilitation payments are widespread in public procurement and when registering a business. In Nepal, corruption reduces competitiveness and significantly increases the costs of starting a business. Further, the courts are plagued by corruption. The Prevention of Corruption Actis the country’s principal anti-corruption law; it criminalizes corruption, bribery, money laundering, abuse of office and facilitation and others.
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