KATHMANDU, May 13: Over 600,000 Nepalis have received work permits for overseas employment in the first nine months of the current Fiscal Year (FY) beginning mid-July, 2022.
Since mid-July 2022, a total of 548,664 men and 53,489 women have received work permits, according to the Department of Foreign Employment. This is the number of both new labor permits and re-employment permits.
Every day more than 2,000 people take work permits.
Most of the work permits have been issued for Malaysia, Saudi Arabia, Qatar and the United Arab Emirates (UAE). Compared to the same period last year, the number of Nepali people who took the final work permit (institutional and individual-new) for foreign employment increased by 51.5 percent and the number of those who took the labor permit again increased by 5.5 percent.
As of mid-March, 387,839 new institutional and individual work permits and 217,959 re-employment permits have been obtained.
Along with the increase in the number of people going for foreign employment, there has also been an improvement in the flow of remittances. According to Nepal Rastra Bank, the remittances of Rs 903.39 billion has been collected in the nine months of the current year. This is 24.2 percent more than the same period of the previous year.