Remittance
Inflow of remittances rose by 18.7% from the previous year.
Oct 15
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Remittance inflow in the current financial year increased by 15.2% to reach 263 billion rupees, up from 18.7% in the previous year, reaching 1.96 billion in US dollars.
In the world, Nepal is the top recipient of remittances.
Nepal ranks highest in remittance receiving countries, with the World Bank significantly contributing to its household expenses due to its high influx.
In July alone, more than 1 trillion 36 billion in remittances were received.
In July, remittance inflow increased by 18.0% in the first month of the 2081/82 financial year, reaching 1 billion 36 billion 93 billion rupees.
Global IME Bank Limited and Qatar-based Gulf Exchange Company have signed an agreement to facilitate easy remittances between Qatar and Nepal.
Improved Remittance Services for Nepalese Migrants in Qatar Through a Partnership Between Global IME Bank and Gulf Exchange.
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