Remittance inflow drops by 4.9 per cent

Remittance inflows decreased by 4.9 per cent year-on-year to Rs 230.24 billion in the first quarter of the current fiscal year. “In the first quarter of the last fiscal year, remittance inflow had increased by 37.3 per cent year-on-year,” according to the central bank.
According to the central bank, the number of Nepali migrant workers leaving for foreign employment decreased by 3.7 per cent year-on-year in the first three months. During the same period in the last fiscal year, departures had decreased by 34.8 per cent year-on-year.