Inflow of remittances rose by 18.7% from the previous year.
Oct 15
25 Views
Remittance inflow rose by 15.2 percent in the first two months of the current fiscal year to 263 billion 14 billion rupees. Over the same time last year, there was an 18.7% increase in the inflow of remittances. In US dollars, remittance inflows have hit $1.96 billion. A similar amount of 1 billion 73 crore rupees occurred last year.
The Nepal Rastra Bank report, which was made public today, states that 40,583 Nepalis obtained a new work permit during the review period, while 76,485 obtained an institutional or individual new work visa for overseas employment.
These figures were 32,004 and 74,455 during the same time last year, respectively. Net secondary income, or net transfer, has totaled 286 billion 45 crore rupees during the study period. Over the same time last year, that amount of money came to 251 billion 65 million.
