© All rights reserved. NepalKhabar

Business

Nepal receives nearly Rs 1200 billion remittance in 10 months

Nepalkhabar

 |  Kathmandu

(Image for Representation)

The government has recorded some Rs 1200 billion in remittance in the last 10 months of the current fiscal year.

The remittance inflow increased by 19.02 percent as compared to the same period of the last fiscal year. The Nepal Rastra Bank released data on Monday which showed that the country got Rs 1198 billion remittance till the end of Baisakh month.

It was increased by 23.4 percent in the same period of the last fiscal year.

The review period witnessed the number of labor permits (institutional and individual) for foreign employment at 374 thousand, while 237 thousand people sought the labor permit for the second time.



Comments

Related News

32-kg Yarsagumba exported from Manang

The work of Yarsagumba or Cordyceps sinensis collection has been completed in the lower belt of Man…

Skywalk Tower adds to tourist attraction in Bhedetar

The Skywalk Tower that came into operation at Bhedetar on Friday is expected to boost tourism in th…

Nepali rupee hits an all-time low against US dollar

The Nepali rupee has hit an all-time low with Nepal Rastra Bank fixing the exchange rate at Rs 134.…

NRB lifts Rs 200-million share mortgage cap

The maximum limit of Rs 200 million set for institutional loans has been abolished. Unveiling th…