Nepalis in Qatar urge NRB to ease remittance transfer

Summary

Nepali workers in Qatar have urged the Nepal Rastra Bank to lower remittance transfer fees and simplify formal money-sending channels. NRB officials said they would consider the suggestions as Nepal pushes more remittances into the formal financial system.

Key Points
  • Nepali workers in Qatar asked the Nepal Rastra Bank to reduce remittance transfer fees and make formal transfer channels easier to use.
  • A discussion programme in Doha focused on remittances, hundi and financial inclusion, organised by the Embassy of Nepal with the NRB.
  • Deputy Governor Dirgha Bahadur Rawal said the central bank would consider the suggestions to promote formal remittance channels.
  • Joint Secretary Dev Raj Joshi said remittances should be linked more closely to Nepal’s economy and urged greater use of formal financial systems.
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