Nepal has received remittances of Rs 137 billion in the month of Shrawan of the current FY.
As per a study ‘Current Macroeconomic and Financial Situation of Nepal’ based on three months data, Nepal received remittance of Rs 407.31 billion during the period.
The remittance inflows increased by 11.5 percent compared to an increase of 25.8 percent of the corresponding period of the last FY.
In the US Dollar terms, remittance inflows reached 3.04 billion in the review period which was 2.76 billion in the review period of the last FY.
Similarly, the number of Nepali workers, both institutional and individual, taking first-time approval for foreign employment stands at 110,654 and taking approval for renew entry stands at 59,939. In the review period of the last FY, such numbers were 113,397 and 49,297 respectively.
