EDITORIAL - BoP deficit Nepal’s balance of payments (BoP) was in the red in fiscal 2021-22 that ended in mid-July despite a surplus seen in the previous fiscal year. Opinion 18 Aug, 2022
Nepal's BoP deficit at Rs 255.26 billion Nepal’s balance of payments (BoP) deficit stood at Rs 255.26 billion in the fiscal year 2021-22 that ended in mid-July compared to a surplus of Rs 1.23 billion recorded in the previous fiscal year, the latest macroeconomic update of Nepal Rastra Bank (NRB) shows. Business 17 Aug, 2022
Import ban helps to prop up forex reserves As the government has curbed the import of certain non-essential goods, the foreign exchange reserves of Nepal witnessed a slight uptick, increasing by $30 million in the ninth month of the current fiscal. Business 12 May, 2022
NRB data contradict government assurances The latest macroeconomic update unveiled by the Nepal Rastra Bank (NRB) sharply contradicts the recent assurances made by Finance Minister Janardhan Sharma that the country is not facing an economic crisis. Business 13 Apr, 2022
Remittance drops, forex reserves under pressure Nepal’s ballooning trade deficit coupled with slowdown in remittance inflow is exerting pressure on the country’s current account, balance of payments (BoP) and foreign exchange reserves, the latest macroeconomic update of the Nepal Rastra Bank unveiled today shows. Business 12 Mar, 2022
Remittance drops, forex reserves under pressure Nepal’s burgeoning trade deficit coupled with slowdown in remittance inflow is exerting pressure on the country’s current account, balance of payments (BoP) and foreign exchange reserves, the latest macroeconomic update of the Nepal Rastra Bank unveiled on Thursday shows. Business 14 Jan, 2022
Nepal registers BoP deficit of Rs 15.15bn Nepal’s Balance of Payments (BoP) recorded a deficit of Rs 15.15 billion in the first 11 months of the current fiscal year (mid-July to mid-June) against a surplus of Rs 179.37 billion in the same period of the previous year. BoP is basically a statement of all transactions made between entities in one country and the rest of the world over a defined period. Business 16 Jul, 2021
Wanted: Maximum tailwind of exports Kathmandu, September 2 The tailwind of merchandise exports in Nepal’s economic growth has sputtered to the most minuscule level in recent history — a precursor that the country may not be able to sustain growth achieved in the last three years... Travel 03 Sep, 2019
Country records BoP deficit of Rs 90.83 bn Kathmandu, July 19 The outflow of money from the country surpassed the inflow by Rs 90.83 billion in the first 11 months of fiscal year 2018-19 owing to the ballooning trade deficit, which widened by 17.2 per cent in the given period. The... 20 Jul, 2019
Remittances surge 28.5 per cent in seven months of current FY KATHMANDU: As per the statistics revealed by Nepal Rastra Bank on Friday, the country has witnessed a surge in remittances by 28.9 per cent in seven months of the fiscal 2018/19 when compared to same period last year. The NRB in its macroeconomic... 15 Mar, 2019
BoP deficit widens to Rs 63.7 billion Kathmandu, February 13 The outflow of money from the economy surpassed inflows by Rs 63.7 billion in the first half of the fiscal year as Nepal’s imports exceeded exports by almost 16 times. The balance of payments (BoP) deficit of Rs 63.7... 14 Feb, 2019
EDITORIAL: Export, and its import Increase in imports is widening the country’s trade deficit; there is a need to take urgent measures to jack up export The only solace is an increase in remittance, which has for years helped keep the country’s economy afloat. As per the report,... 27 Nov, 2018
