Remittances increased by 38 percent compared to last year

लगानी न्यूज

२९ असार २०८३, सोमबार १८:३४July 13, 2026

. The country’s remittance inflow has increased significantly in the 11 months of the current fiscal year 2082/83 (mid-June 2083).

According to the report on the current economic and financial situation of the country made public by Nepal Rastra Bank, the remittance inflow increased by 38.2 percent to Rs.2.12 trillion in the review period.TAG_OPEN_div_18

The remittance inflow had grown by 15.6 per cent in the corresponding period of the previous year.TAG_OPEN_div_16 In US Dollars, the remittance inflow surged by 29.6 per cent to reach Rs 14.59 billion compared to 12.8 per cent in the previous year. The remittance inflow for the month of May alone stood at Rs. 203.89 billion as compared to Rs. 203.89 billion in the same month of the previous year. It was Rs 176.32 billion.

With the improvement in remittances, the net second income (net transfer) has also increased during the review period.TAG_OPEN_div_14 According to the Nepal Rastra Bank, in the eleven months of the current fiscal year, the second income has been Rs. 2,321.07 billion. In the same period of the previous year, such income was Rs. It was only 1669.51 billion. This seems to have contributed positively to the balance of the country’s external sector.

In the review period, the number of Nepalis taking final labour permit (institutional and personal – new) for foreign employment was 367,211 as compared to 452,324 in the same period of the previous year.TAG_OPEN_div_12

Although the number of people taking new labour permit has decreased, the number of people taking re-labour permit has increased.TAG_OPEN_div_10 In the review period, the number of people taking re-labour permit has reached 355,735 as compared to 308,067 in the same period of the previous year.