Remittance up to mid-May 2020 (Baishakh 2077) decreased by 6.1% compared to corresponding period of previous year. However, remittances as a percentage of trade deficit increased significantly during the same period.

Workers’ Remittances up to May 2020 compared with trade deficit. Source: Nepal Rastra Bank
Workers’ Remittances up to May 2020 compared with trade deficit. Source: Nepal Rastra Bank

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.