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Remittances provide temporary cushion to Nepal’s troubled economy
November 26, 2020 11:53 am
KATHMANDU, Nov 26: At a time when the world economy was hard hit by the ongoing pandemic, improvement in Nepal’s remittances inflow has made it easier for the government to operate. Contrary to the projection of drop in the remittances flow, it has increased by 12.5 percent, helping the government in expanding its expenditure scope. The remittances flow was projected to drop by at least 15 percent after COVID-19 pandemic.
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