During the first 11 months of the current fiscal year 2081/82, Nepal received a total of NPR 1.532 trillion (Rs 15 kharba 32 arba 93 crore) in remittance inflows, according to the Nepal Rastra Bank. This marks a 15.5% increase compared to the same period last year.
In the same period of the previous fiscal year, remittance inflows had increased by 17.2%. For the month of Jestha alone, remittance inflow stood at NPR 176.32 billion, up from NPR 128.91 billion in the corresponding month last year.
In USD terms, remittance inflows increased by 12.7%, reaching USD 11.25 billion during the review period.
In the same period, 452,324 Nepalis received new final labor approvals (institutional and individual), while 308,067 individuals received renewed labor approvals for foreign employment.
