November 17: The country received remittances of Rs 281 billion in the first three months of the current fiscal year, a 17 percent rise compared to remittances inflow in the corresponding period of last year. The remittance inflow in the same period last year saw a fall of 7.9 percent compared to the previous year.    

In the review period, the number of Nepali citizens obtaining labour permit (new- institutional and individual) for foreign employment increased by 123.1 percent. According to the data published by Nepal Rastra Bank, a total of 147,932 individuals took labour permits in the review period.   

Likewise, the number of Nepali renewing the labour permit for foreign jobs increased 66.2 percent to 57,861. Last year, there was a rise in this figure by 217.7 percent as compared to the previous year.    

In the review time, the net transfer rose by 17.1 percent to 310.4 billion. Such a transfer had decreased 7.6 percent in the same period of the previous year. (With inputs from RSS)