KATHMANDU, August 25: The remittance flow to Nepal increased by about Rs 100 billion in the last fiscal year 2020/21, compared to the previous year. Although the number of people going for foreign employment decreased due to the COVID pandemic, the inflow of remittance increased.
KATHMANDU, Nov 26: Remittance inflows in the first three months of the current fiscal year increased by 12.6 percent to Rs.258.86 billion despite projections made for the possible decline in the remitted money with the global spread of COVID-19. During the review period last year, the remittance amount had declined by 5.1 percent.
KATHMANDU, Sept 27: Nepal was under a strict lockdown for almost five months to deal with the COVID-19 pandemic. Though the lockdown was lifted about two weeks ago, a number of sectors are still under restrictions.