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Foreign Direct Investment (FDI) declines in balance of payment situation and current account savings

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Kathmandu. According to Nepal Rastra Bank, the current account of the current account stood at Rs 78.14 billion in the first month of the current fiscal year. In the same period of the last FY, the current account had surplus of Rs 33.08 billion.

The current account has surplus of Rs 560 million in the same period of the current fiscal year as compared to Rs 250 million in the same period of the last fiscal year. The net capital transfer in the first month of the current fiscal stood at Rs 1.04 billion. Such transfers were Rs. 22 crores in the same period of the last fiscal year.

During this period, 69 million foreign direct investment (equity only) has been inflowed. Such foreign direct investment (equity only) was Rs 800 million in the same period of the last fiscal year. Foreign Direct Investment (FDI) has decreased during this period.

Similarly, the balance of payment in the first month of the current fiscal year stands at Rs. 89.30 billion. In the same period of the last fiscal year, the balance of payment was Rs 40.90 billion. The balance of payment was Rs 640 million in the review period as against Rs 310 million in the same period last year.

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