Kathmandu, October 15
Nepal received remittances worth Rs 221.31 billion in Bhadra alone, the second month of the current fiscal year. This was Rs 6 billion more than the amount received in Shrawan.
The country received remittances worth Rs 215 billion in Shrawan. Remittance inflows during the first two months of fiscal year 2083/84 increased by 23.9 per cent to Rs 436.36 billion, compared with the same period last fiscal year. During the corresponding period of the previous fiscal year, remittance inflows had increased by 33.1 per cent.
In US dollar terms, remittance inflows rose by 13.5 per cent to USD 2.85 billion by the end of Bhadra this fiscal year. In the same period last fiscal year, such inflows had increased by 27.6 per cent.
Net secondary income (net transfers) reached Rs 469.44 billion by the end of Bhadra in the current fiscal year, compared with Rs 384.88 billion during the same period last fiscal year.
During the first two months of the current fiscal year, a total of 78,320 Nepalis received final labour approvals for foreign employment, while 52,163 received renewed labour approvals.
In the corresponding period of the previous fiscal year, the numbers stood at 90,198 and 45,884, respectively.
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