Tuesday, January 21st, 2025

Nepal records 20% growth in remittance


19 June 2019  

Time taken to read : < 1 Minute


  • A
  • A
  • A

KATHMANDU: The remittance inflows in the country has increased by 20 per cent, according to Nepal Rastra Bank (NRB) report. The NRB shared that remittance increased by 19.6 per cent in the country, reaching Rs 725 billion. In the previous ten months, the remittance was upped by seven per cent.

The outflow of the people for foreign employment as per the labour permit record declined by 36.6 percent in the last ten years. In the previous year of the same period, the out flux was declined by six percent.

Similarly, the NRB data analysis showed that mountainous region witnessed much price hike. The inflation reached 6.1 percent in the mountainous region.

Publish Date : 19 June 2019 20:18 PM

Prachanda predicts collapse of coalition govt

KATHMANDU: Maoist Center Chairman Pushpa Kamal Dahal has expressed doubts

CAN bans Sandeep Lamichhane for code of conduct violation

KATHMANDU: The Cricket Association of Nepal (CAN) has suspended star cricketer

Ashika Tamang remanded in custody for five more days

KATHMANDU: The District Administration Office, Kathmandu, has approved an additional five-day

Customs fraud seizures surge in Parsa as APF intensify operations

  KATHMANDU: The Armed Police Force (APF) has significantly increased

Nepal Micro Insurance opens IPO for overseas Nepali workers

KATHMANDU: Nepal Micro Insurance Limited has opened the sale of its