Kathmandu. Remittances to Nepal from abroad have increased by 8 percent. According to the data released by Nepal Rastra Bank in July and August, remittance inflows improved by 8.1 percent.

According to NRB, remittance of Rs. 165.73 billion has been received till mid-August. The remittance inflow had decreased by 0.6 percent in the corresponding period of the previous year. In US dollar terms, remittance inflows rose 2.6 percent to 1.39 billion dollars, according to the National Bank.

Despite the increase in remittance inflows, the number of people going for foreign employment has decreased by almost 100 percent during this period. According to the Central Bank, the number of Nepalis seeking final employment permits, institutional and individual-new and legalized, for foreign employment declined by 99.2 percent during the review period.

Such number had increased by 0.2 percent in the corresponding period of the previous year. The number of Nepalis seeking re-employment for foreign employment has decreased by 86.5 percent during the review period. Such number had increased by 10.3 percent in the corresponding period of the previous year.