Posted by: paribartan October 15, 2005
Let Us Not Allow the Brutal Royal Regime Survive on Our Hard Earned Money
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We all know King Gyanendra usurped the power on February 1, 2005 through a coup and since then he is presiding over a regime with a corrupt and criminal coterie. The regime has unleashed an environment of terror through the royal militia called the Royal Nepali Army (RNA) as well as several death squads created on its behalf. These royal militia and the death squads continue to kill innocent lives of Nepali sons and daughters in the name of a so-called counter-insurgency. Keeping in view the undemocratic actions of the king, the international community has stopped most of the bilateral and multilateral military as well as non-military aid to the royal regime protesting the king?s autocratic actions and its blatant human rights abuses. Nonetheless, King Gyanendra and his henchmen are not fettered. What makes them so bold to unleash tyranny over the Nepali people? The answer: the remittance money from the estimated 1.5 million Nepalis living and working abroad (other than India) sent to Nepal each day to buy land, build living quarters, pay loans, and educate the children. The latest official figures show remittances from Nepalis living abroad accounts for 20% of Nepal?s 6.5 billion U.S. dollar Gross Domestic Product ( GDP). Because more than 60% of these foreign remittances enter Nepal through informal - thus, unaccounted channels ? the contributions of we the Nepalis residing and working abroad to economy of Nepal can be much higher than official records indicate. We can, therefore, safely assume that the hard-earned money of Nepali expatriates contributes about 50% GDP of Nepal. What does this mean in the current political situation? At least 50% of Nepal?s internal revenue ? money that, cumulatively, sustains a nation that cannot sustain itself and which is being used in suppressing its own citizens - is direct or indirect contribution of we, the Nepali expatriates, around the globe. What would happen if we collectively stopped sending non-emergency money to Nepal? The royal regime ? that has forecasted spending 66% of its budget for Fiscal Year 2005/2006 in non-development sector, of which around 11% is defense budget - would crumble financially. The income that sustains the regime would fail to flow. If it looses 100% of its foreign grant money for Fiscal Year 2005/2006 plus close to 50% of the projected domestic revenue (domestic revenue being remittance money sent to Nepal) the regime?s inability to govern Kathmandu would become imminent. If we wish, therefore, to demonstrate our democratic republican aspirations, we can fight against the corrupt and autocratic royal regime and the RNA terrorism with our financial weapon, i.e., we can use it to help choke the regime to death financially by not sending any money to Nepal. A remittance boycott that would result in a catastrophic budget deficit in Fiscal Year 2005/2006 is a powerful, non-violent weapon we have in our hands. Therefore, Canadian Network for Democratic Nepal (CNDN) strongly appeals to all concerned that no Nepalis abroad send non-emergency money to family and friends in Nepal. We also humbly request that all Nepali community organizations active around the globe participate in our financial impediment drive and disseminate this appeal to members and friends urging them not to send money to Nepal before the demise of the autocratic royal regime. Together, we can help make this a reality to build new Nepal.
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