Nepal receives nearly Rs 1200 billion remittance in 10 months

demonetisation in nepal and nepali notes
File Photo

Kathmandu, June 11

The government has recorded some Rs 1200 billion in remittance in the last 10 months of the current fiscal year.

The remittance inflow increased by 19.02 per cent as compared to the same period of the last fiscal year. The Nepal Rastra Bank released data on Monday which showed the country got Rs 1198 billion remittances till the end of Baisakh month.

It increased by 23.4 per cent in the same period of the last fiscal year. The review period witnessed the number of labour permits (institutional and individual) for foreign employment at 374 thousand, while 237 thousand people sought labour permits for the second time.

React to this post


New Old Popular