Kathmandu. Remittances amounted to Rs 221.31 billion in the month of August. According to the ‘Current Economic and Financial Situation of the Country’ report based on the data of the two months of the fiscal year 2083/84 released by the Nepal Rastra Bank, the remittance inflow in the first month of the last fiscal year was Rs. 174.67 billion.

The remittance inflow has increased by 23.9 percent in the two months (July and August) of the current fiscal year. Remittances have increased by Rs 436.36 billion in the two months. The remittance inflow had increased by 33.1 percent in the same period of the previous year.

In the review period, the remittance inflow increased by 13.5 percent to Rs 2.85 billion. The inflow had increased by 27.6 percent in the previous year. The net second income (net transfer) during the review period was Rs 469.44 billion. Such income was Rs 384.88 billion in the same period of the previous year.

In the review period, the number of people taking work permit for foreign employment was 78,320 and the number of people taking re-work permit was 51,136. In the same period of the previous year, the number of such people was 90,198 and 45,884 respectively.