Gradually Financial Recovery Since Last  FY 2022

Kathmandu, external financial sector improvement, continue Internal pressure, Country’s external financial have been coming in tracked.

Around two year in pressure external sector controlling the import and cause growth of remittance have been improving.

According to public fiscal year financial or finance report released by Central Bank some time ago there performs were weak status external financial sector indicators now not bad.

Remittances state various growth in remittances foreign currency comparing the last fiscal year, total of last income service less being less external sector so country have thus, it improvement.  But investment and assistance export training are not growth now seeming the external sector showing the sustainable financial indicator.

Other worth not controlling private sector’s loan decreasing, foreign trade reduction, consumes situation declining, foreign investment and assistance narrowing. Thus, also government revenue having narrowing continue internal financial status yet. But external sector seeming improvement than Internal financial sector.

Center banks reported that imports has improving. now internal market seeming  the narrowing also will a avoid confidence it take a time little too,  But Bank Interest rate not ready to reduce financial pressure not avoidable seeming the seemtomes.

Main economic indicator

Price volatility

Central Bank interest rate growth demand in favor, making the weak performance currency exchange  to put a boundary of limitation trying to put but not success. Last fiscal year currency inflation 7.74 % continued. Government to into the 7%  Last year consumer 7.6 %  previous fiscal year consume at 6.32 %.

Compare to Last year economic year 2079/80 under the food and drinking uses in restaurant, hotel sub group price inflation 14. 42 % Species  12.50 % , Food and beverage 10 .70 % cigarette substantial 8.88 % and Milk or Eggs 9.23 % have been.

Under the Nonfood or service group price volatile 13.50 % entertainment and cultures 10.18% Health 10. 0.1 % Education .79 % and Domestic consumes material 8.65% 2080 mid July yearly point out consumer currency exchange 44 %.

2079  July currency exchange  8.0.8% last year average current consumes exchange rate kathmandu valley 7.55 %, Tarai 8% hill 7%.

Remittance

Last fiscal year remittance influence 21 . 2 % have been improment. According to Central Bank 1 year released report 12 hundreds 20 billion 56 crore equal to remittance have nearly. In American Dollar remittance confluence 12.1 percent have increasing at 9 billion 33 million have reached.

Cause of foreign employment foreign currency have increasing and also improvement. Last year labor work permit numbers has growth according to central bank for the employment last work permit personally and organizationally number of  40 % . improvement at 3 % . 4 lakh 97 thousand 7 hunred 4 have reached. Last year those of number 92 % have been increased. For the foreign employment re-work permit Nepalese number of review year 1.8 % having the less 2 lakh 77 thousand 72 have reached. Last year this numbers 1 hundred 98.5 % have increased.

Current account deficit loss status

In the external financial sector have appearing reforms indicator. Last year country status 2 hundred billion 90 million 52 crore was net loss.

In American dollar last previous year 2 billion 15 crore loss of status. Last two year 2 billion 21 crore have in balanced. Current account still is loss. According to central bank last fiscal year an account. but, This loss as a previous financial year has mostly less. Previous year current account loss was at 6 hundred billion, 23 million, 38 crore equal to amount.

An American dollar previous year 5 hundred billion 17 crore loss was current account reviews year of 55 crore 71 lakh loss.

Foreign currency exchange balanced last financial year, Foreign currency also fairly having the reform are showing in indicator.

Cause of import materials reducing the trade loss, Increasing remittance reforming the foreign exchange and remaining the balanced of foreign currency. Central bank inform that their release statement 2079 last August. 12 hundred billion, 15 hundred million, 80 crore equal. Exchange  balanced at 26.5 percent remain, 2080 august last  15 billion, 39 million, 36 crore have reached. American dollar such of balance 2079 at last august. 9 hundred million, 54 crore, 2080 last august 23. 1%  have increased. 11 billion 74 crore, 2080 last august 23. Total foreign currency balance, along with Indian currency part 22. 5% performing.

According to balance of foreign currency  in 11 months, within 21 day substantial import and 10 months merchandise import service. Central bank 2080 last accounted foreign currency saving total Growth of Domestic Production (GDP) Total import and entire currency providing ration of gradually increased 28. 6% 83 % and 25. 1% have performing.

Government loan liability

Nepal government 2080  last august  22 billion 19 million hundred million 14 crore  rupees  laon have to due to paid mead of the to paid loan, external loan 10 hundred billion 93 million, 35 crore among and internal load 11 hundred billion 25 hundred million 19 crore amount have been. economic year 2079/80 in total publics loan total ration of production 41.2% have reached . previous year those of ration 40.7% have was.

Economic year 2079/80 Nepal government in two hundred billion 56 hundred million amount  internal loss  have proportion said,  1 hundred billion 15 hundred million 9 crore sum and was paid .

therefore those of period 1 hundred billion  40 hundred million 90 croer exactly  internal loan  have porportion. the amount total  growth of production two. 6 % will be.

those of periond  government 1 hundred billion 2 million. 12 crore amount external  loan have proportion.

Foreign education 1hundred billion 42 crore have abboarded. from the education  sector have aboarded.

previous economic year foreign education  67 hundred billion 790 crore amount was aboarded. traverller loss topics last economic year 1 hundred billion 44 hundred million 46 crore  amount had have aboarded. those amount  previous economic year comparing 48 .4 % more. previous economic year traveler loss topics 97 hundred million 32 hundred 32 crore had expenditure.

Previous incomer 89 . 6% s increased 61 hunred milloion 52 crore have reached . thus, of income previous financial year 32 hundred milion 45 crore was.

government revenue or expenditure

external financial also were reform cause of internal economic problems  government revenue collection previous financial year than last financial in year in 2070/80 total 9 hundred million 57 hundred million 15 crore  revenue collection,  previous year government total review collection 10 hundred million 67 hundred million 96 crore was.

According to ministry of finance in 2078/079  12 hundred billion 96 hundred million 24 crore expenditure having  last financial year  14 hundred billion 29 hundred million 56 crore have.