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ECONOMY

Nepalis abroad send remittances worth Rs 1.45 trillion in eight months

According to the Nepal Rastra Bank data, remittance inflow has surged by 37.7 percent during the reporting period. The growth was 9.5 percent in the same period last year. 
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By REPUBLICA

KATHMANDU, April 3: Nepali migrant workers have sent a total of 1449.65 billion in remittances during the first eight months of the current fiscal year mid-July 2025 to mid-March 2026. 



According to the Nepal Rastra Bank (NRB) data, remittance inflow has surged by 37.7 percent during the reporting period. The growth was 9.5 percent in the same period last year. 


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Remittance inflow was recorded at Rs 188.64 billion during the last month (February 13 to March 14). In the same month of the previous year, the inflow was Rs 151.19 billion. 


The NRB’'s report stated that during the period, net secondary income (net transfers) increased to Rs 1591.66 billion, up from Rs 1149.30 billion in the previous year. 


During the review period, the number of Nepalis obtaining a final labor permit (institutional and individual–new) for foreign employment was 273,536, and the number of those obtaining a re-permit was 251,985. In the same period last year, these numbers were 317,068 and 217,403, respectively.


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