258 billion remittance in three months, Up by 12.6 %

Kathmandu / Nov. 25: Nepal received Rs 258 billion in remittance in the first three months of the current fiscal year. This is an increase by 12.6 per cent as compared to the same period last year.

Nepal Rastra Bank has stated that the first three months of the current fiscal year saw an increase even though the countries popular for labour destination of Nepali workers were affected by the coronavirus.

The data made public by NRB today showed that the remittance inflow grew by 7.6 per cent in US dollars while it was decreased by 4.7 per cent last year. However, in the review period, the number of people applying first time for permission of foreign employment decreased by 96.8 percent. It had decreased by 3.7 percent in the same period last year.

Similarly, in the review period, the rate of second time application for the job abroad dropped by 78.6 percent. RSS

Related News

Comments are closed

TOP NEWSview all

19 injured on first day of Bisket Jatra

266 new cases of COVID-19; suspects entering Valley to undergo Antigen Tests

Nepal has to focus on exporting value-added products recommends EU Ambassador Deprez

Govt to provide Rs 4 lakh to wining Nepali football team

Health insurance reaches 77 districts

Positive Development Media Pvt. Ltd. / Regd. No: 232 / 073-74

Kathmandu, Nepal


Editor : Mr. Divesh J.B. Rana Chairperson : Mr. Kishore Thapa

Web Counter