Twentyfive Percent Growth in Remittance this Current Economic and Financial Situation in the Country

September 17th, 2023

Kathmandu: Nepal Rastra Bank has published the financial statement of the current situation of the country. According the public statement, the total expenditures of Nepal government is 35.4 billion. During the review period, the current expenditure is 82.00 million rupees and the financial arrangement expenditure is 22. 8 billion rupees.In addition to this, the remittance flow during this period was 25 percent growth. It is increased about 8 percent and reached to 116 billion 2 million rupees. In the previous period, remittance flow of increased by 20.3 percent.

Similarly, during the review period its growth of percent the current account has a surplus of 12.99 billion rupees. During the same period of the previous year, the current account decreased by 15 billion 13 million rupees. Similarly, till the end of July, there is a cash deposit of 208 billion 93 crore rupees in various an accounts of the government in the bank. During this period that the total expenditure of By the end of June, the total internal debt of the government has decreased by 2.3 percent. In the same period of the previous year, the loan decreased by 0.9 percent.

On an annual basis, such loans have increased by 7.3 percent at the end of June.During the review period, deposits in banks and financial institutions decreased by 1 trillion 33 billion 24 billion (2.3 percent). In the same period of the previous year, such deposits decreased by 1.77 billion (2.0 percent). On an annual point basis, deposits in banks and financial institutions increased by 11.9 percent at the end of July 2080.

 

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