Remittances inflow reached 6 Kharab in five months in Nepal

GP Chudal
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Remittances inflow reached 6 Kharab in five months, while foreign employment declined

Nepal received 6 Kharab, 13 Arab, 25 Crore rupees in remittances in the first five months of the current fiscal year.

According to the data published by Nepal Rastra Bank, the remittances inflow increased by 27.6 percent in this period compared to the same period of the last year.

The remittances inflow had increased by 23 percent in the same period of the previous year. The remittances inflow in US dollars increased by 24.5 percent to 462 million dollars.

The remittances inflow in US dollars had increased by 13.1 percent in the previous year.

The number of Nepalis going for foreign employment has decreased significantly, according to the data.

The number of new final labor approvals (institutional and individual-new) obtained by Nepalis in the first five months of the current year was 63 thousand 224 less than the same period of the last year.

The number of Nepalese obtaining final labor approval (institutional and individual-new) from Shrawan to Mangsir of the year 2080 was 1,73,555.

In the same period of the last year, 2,36,779 people had obtained the approval.

The number of people obtaining re-labor approval has also decreased. In the first five months of the current year, 1,04,037 people obtained re-labor approval.

In the first five months of the last year, 1,15,948 people had obtained it.

Published: 2080-Magh-1

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