Remittance Inflow Increases by 9.1%

Dec 12, 2024 04:49 PM Merolagani



In the first four months of the current FY, Nepal has received remittances worth Rs 521.63 billion.

As per a study ‘Current Macroeconomic and Financial Situation of Nepal’ based on four months data, Nepal received remittance of Rs 521.63 billion during the period.

The remittance inflows increased by 9.1 percent compared to an increase of 22.5 percent of the corresponding period of the last FY.

In the US Dollar terms,  remittance inflows reached 3.87 billion in the review period which was 3.60 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 147,478 and taking approval for renew entry stands at 94,105.  In the review period of the last FY, such numbers were 137,475 and 68,840 respectively.




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