January 15: Nepal’s Balance of Payments (BoP) remained at a surplus of Rs 45.87 billion in the first five months of the current fiscal year. According to Nepal Rastra Bank, the BoP was in a deficit of Rs 195.01 billion in the corresponding period of the previous year.

In the US Dollar terms, the BOP remained at a surplus of 346.8 million in the review period against a deficit of 1.64 billion in the same period of the previous year, revealed the Current Macroeconomic and Financial Situation Report of Nepal Rastra Bank published on Friday.

Similarly, the current account remained at a deficit of Rs 37.91 billion in the review period compared to a deficit of Rs 298.51 billion in the same period of the previous year.

In the US Dollar terms, the current account registered a deficit of 297.2 million in the review period compared to deficit of 2.51 billion in the same period last year.

In the review period, capital transfer decreased 25.3 percent to Rs 3.47 billion and net foreign direct investment (FDI) remained Rs 604.9 million. In the same period of the previous year, capital transfer and net FDI amounted to Rs 4.64 billion and Rs 7.07 billion respectively.