The Nepali government has significantly increased climbing permit fees for Mount Everest or Mount Qomolangma, an official said on Wednesday. The climbing fee for foreigners was hiked to $15,000 from $11,000, an increase of 36 per cent.

A permit to climb the 8,849 metre (29,032 feet) Mount Everest will cost $15,000, said Narayan Prasad Regmi, director general of the Department of Tourism, announcing a 36% rise in the $11,000 fee that has been in place for nearly a decade.

Nepal is set to increase the cost of climbing Mount Everest, marking the first price hike for the world’s highest peak in nearly a decade. The permit fee will jump by 36%, rising from $11,000 to $15,000, according to Narayan Prasad Regmi, director general of Nepal’s Department of Tourism.

Nepal announced a more than 35% hike in Mount Everest climbing permit fees, marking the first increase in nearly a decade, officials

Nepal has raised the permit fee for climbing Mount Everest by 35%, making it more expensive for mountaineers to summit the world’s tallest peak. The new fee, set to take effect in September, aims to boost revenue for Nepal’s mountaineering sector.