Nepal receives remittances worth NRs 904 billion in first eleven months of current fiscal year

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Kathmandu, July 11. Nepal received remittances worth over NRs 904 billion in the first eleven months of the current fiscal year, 2021/22, a 3.8 percent increase than last year.

The data was released by Nepal Rastra Bank on Monday. During the same period in the previous fiscal year, 2020/21, the figure increased by 12.6 percent.

Further, the number of Nepalis aspiring for foreign jobs who received their final work permit (institutional and individual—new and certification) has increased significantly.

In these 11 months, 3,13,367 Nepalis received their final work permit. Last year, the number had plummeted by 68 percent.

Similarly, the figure of Nepali foreign job aspirants who got their renewed labour permit has increased by 208.3 percent to reach 259,091.

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