As per the Current Macroeconomic and Financial Situation of Nepal based on three months period of current FY published by Nepal Rastra Bank, the remittance inflow increased by 35.4 percent compared to 11.9 percent of the corresponding period of the last fiscal year.
During mid-September to mid-October (Asoj month), remittance inflows stood at Rs 201.22 billion. In the review period of the last FY, such inflows were Rs 144.17 billion.
In the US Dollar terms, remittance inflows increased 29.2 percent to 3.94 billion in the review period compared to an increase of 10.6 percent in the same period of the previous year.
Similarly, net secondary income (net transfer) reached Rs 610.61 billion in the review period compared to Rs 443.76 billion in the same period of the previous year.
The number of Nepali workers, both institutional and individual, taking first-time approval for foreign employment stands at 123,459 and taking approval for renew entry stands at 77,257. In the previous year, such numbers were 110,654 and 59,939 respectively.
