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Nepal received nearly 699 billion remittances in fiscal year 2016/17

Kathmandu, April 27, 2018: Remittance remained one of the highest contributors to the national GDP of Nepal with nearly 669 bilion (USD 6.56 billion)...

Youths and Opportunities: Linkage to Nation Building

The tapestry of youth energy often carves the momentum of change. Youths are considered a catalyst to tap positive change, development, and prosperity in...

Nepal received 8.1 billion in remittance in 2016

Kathmandu, August 23, 2017: Nepal received remittances of USD 8.1 billion in 2016 and ranks 23rd among all remittance-receiving countries in the world. In...

Cash outflow surpasses inflow amid slashed remittance

Balance of payments posts deficit of Rs 2.1b first time in two years Kathmandu, September 23, 2016: The outflow of money from Nepal’s economy surpassed inflows...

Foreign employment returnees demand simplifying compensation procedure

Kawasoti, 12th February, 2015 : A group of Nepalis, who returned from foreign employment for various reasons, have called upon the authorities concerned to simplify...

Remittance Growth Rate, Exports Fall Drastically

16th October, 2014: The remittance growth rate has fallen drastically in the first month of the current fiscal year, raising suspicion that formal banking...

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