Nepal Sets New Hurdle: Permit Costs for Everest Climbers Skyrocket
Nepal has made the bold decision to raise fees for climbing Mount Everest by more than 35%. This adjustment, officials report, marks the first hike in nearly a decade for the planet's highest peak, making the arduous journey somewhat costlier for aspiring mountaineers.
The financial influx generated from these permit fees—alongside the spending habits of foreign climbers—plays a pivotal role in bolstering the economy of this cash-strapped nation. Nestled in the heart of the Himalayas, Nepal boasts eight of the globe’s 14…