Remittance inflow increased by 21.2 percent « Khabarhub
Saturday, July 13th, 2024

Remittance inflow increased by 21.2 percent


18 August 2023  

Time taken to read : 2 Minute


  • A
  • A
  • A

KATHMANDU: The remittance inflow increased by 21.2 percent and remained at Rs 1.220 trillion in the last fiscal year 2022/23, according to the NRB report.

The report on the current economic and financial situation unveiled by the Nepal Rastra Bank (NRB) showed that the remittance inflow had surged by 4.8 percent in the fiscal year 2021/22.

Similarly, the report stated that the remittance inflow in USD increased by 12.1 percent and reached USD 9.3 billion in the last fiscal year. The increase rate was 2.2 percent in the previous fiscal year.

Likewise, those obtaining work permits (institutional, personal/new) for foreign employment increased by 40 percent in the last fiscal year and reached 497,000. It increased by 392 percent as compared to the fiscal year 2021/22.

The report reads that number of people obtaining re-approval for work permits decreased by 1.8 percent and reached 277,272. In the fiscal year 2021/22, it had increased by 198.5 percent.

Publish Date : 18 August 2023 18:41 PM

UML Chairman KP Oli to be appointed as PM on Sunday

KATHMANDU: President Ram Chandra Paudel is set to appoint CPN-UML

Today’s national news in a nutshell

Khabarhub brings you a glimpse of major developments of the

UML Chair Oli submits Prime Ministerial claim with NC’s support

KATHMANDU: CPN-UML Chairman KP Oli, supported by Nepali Congress, submitted

UML Chair Oli stakes claim for Prime Minister post with Nepali Congress support

KATHMANDU: Following Prime Minister Pushpa Kamal Dahal’s failure to secure

Trishuli Bus Accident: Buses and passengers missing, search and rescue operations postponed

KATHMANDU: The whereabouts of two buses and their passengers, swept