KATHMANDU, July 12: Nepal recorded remittance inflow of Rs 904 billion in the first 11 months of the current fiscal year 2021-22. 

As published by the Nepal Rastra Bank on Monday, remittance inflow has increased by 3.8 percent according to the macroeconomic data of the first 11 months of the current fiscal year. 

According to the central bank, remittance had increased by 12.6 percent in the same period last year. 

Remittance inflow on the US Dollar has reached Rs 7.51 billion with the rise by 1.5 percent. Last year the inflow had upped by 10.5 percent. 

In the review period, the number of Nepali people obtaining final work permits for foreign employment has risen sharply. According to the central bank, a total of 313,367 Nepali people obtained such permits. 

Such a percentage dropped by 68 percent in the corresponding period last year. 

Number of Nepali people receiving re-work permits for foreign employment has reached 259,091 with an increase of 208.3 percent.

(RSS)

 
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