Nepal trade deficit
Nepal’s Mounting Trade Deficit Raises Economic Concerns
Nepal’s trade deficit has reached an alarming level, with figures from the Department of Customs revealing a staggering Rs 1177 billion deficit as of the end of the month of Baisakh (mid-May) in the current financial year. This widening trade gap, fueled by a surge in imports and lackluster export performance, has raised concerns about […]
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Nepal’s Mounting Trade Deficit Raises Economic Concerns
Nepal’s trade deficit has reached an alarming level, with figures from the Department of Customs revealing a staggering Rs 1177 billion deficit as of the end of the month of Baisakh (mid-May) in the current financial year. This widening trade gap, fueled by a surge in imports and lackluster export performance, has raised concerns about […]
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Bhairahawa Customs Revenue Falls Short
The Bhairahawa Customs Office, a crucial hub for Nepal’s import and export activities, is facing a significant shortfall in revenue collection for the current fiscal year. With only two months remaining, the office has achieved a mere 51% of its revenue target, raising concerns about the potential impact on Nepali businesses, the local market, and […]
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Nepal’s Economic Outlook: Positive Trends in Key Indicators
Nepal’s economic landscape demonstrates resilience and positive growth trajectories across several key indicators as per the latest report by the Nepal Rastra Bank (NRB). The report highlights encouraging trends in various economic facets: Inflation Trends: CPI-based inflation remained stable at 4.61 percent year-on-year (y-o-y), down from 7.76 percent compared to the previous year. Food and […]
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Nepal Rastra Bank Governor Assesses Economic Outlook as Moderate
In a comprehensive address marking the 69th anniversary of Nepal Rastra Bank (NRB), Governor Maha Prasad Adhikari provided an assessment of the country’s current economic condition, describing it as moderate. Despite challenges like low credit demand and economic slowdown, Adhikari highlighted positive signs in the external sector as a notable development during the year 2080 […]
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Nepal’s Foreign Trade Sees Decline in Current Fiscal Year
Nepal’s foreign trade in the first nine months of the current fiscal year (FY 2080/081) has amounted to Rs 1.281 trillion, as per the Central Bureau of Statistics. Compared to the same period last year, which saw foreign trade at Rs 1.319 trillion, this year’s trade volume has decreased by 3 percent, equivalent to Rs […]
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