Remittance inflow stands at Rs 221 billion in a month
Summary
Remittance inflow reached Rs 221 billion in Bhadra, while total inflows in the first two months of the fiscal year rose 23.9 percent to Rs 436.36 billion. The Nepal Rastra Bank said 78,320 Nepalis received final labor approval for foreign employment during the review period.
Key Points
- Remittance amounting to Rs 221 billion entered Nepal during August 17 to September 16 (Bhadra) of the current fiscal year.
- In the first two months of the fiscal year 2083/084, remittance inflow rose 23.9 percent year on year to Rs 436.36 billion.
- Net secondary income reached Rs 469.44 billion during the review period, up from Rs 384.88 billion a year earlier.
- Final labor approval for foreign employment was granted to 78,320 Nepalis, while 51,136 received re-approval.