According to the central bank data, remittance inflow has surged by 37.7 percent during the reporting period. The growth was 9.5 percent in the same period last year.
Remittance inflow was recorded Rs 188.64 billion during last month (February 13 to March 14). In the same month of the previous year, the inflow was Rs 151.19 billion.
The Nepal Rastra Bank's report stated that during the period, net secondary income (net transfers) increased to Rs 1591.66 billion, up from Rs 1149.30 billion in the previous year.
During the review period, the number of Nepali obtaining final labour permit (institutional and individual–new) for foreign employment was 273,536, and the number of those obtaining re-permit was 251,985. In the same period last year, these numbers were 317,068 and 217,403 respectively.
