Kathmandu. Nepal’s external sector has seen improvement in the coming up to mid-April of the current fiscal year. As of mid-April, the current account surplus stood at Rs.618.68 billion. This is a significant increase from Rs. 222.67 billion in the same period of the previous year. In US dollar terms, the current account surplus increased from Rs 1.64 billion to Rs 4.32 billion.

Similarly, net capital transfer has increased to Rs.14.5 billion in the review period. The amount was Rs. 7.71 billion in the previous year. Similarly, the equity inflow of foreign direct investment (FDI) has also increased. During the review period, FDI worth Rs. 14.55 billion was inflowed. This is significantly higher than the previous year’s Rs. 8.94 billion.

The balance of payments position, another important indicator of the external sector, has also strengthened. During the review period, the balance of payment position was Rs. The surplus stood at Rs. 731.16 billion, more than double the Rs. 346.23 billion in the same period last year. In US dollars, the savings have increased from Rs 2.55 billion to Rs 5.10 billion.