Imports have soared as a result of a decrease in remittance inflows into the country and a decrease in the country’s dollar reserves. In the first three months of the current Fiscal Year, imports have climbed by 63.73 percent as compared to the same period last year. The trade imbalance has widened by 58 percent to Rs 413 billion, according to official figures.
Nepal has imported commodities worth Rs 475 million in the first three months of the current fiscal year, according to official figures. Customs reports that items worth Rs. 478.32 billion have been imported so far in the current fiscal year (FY2021/22), according to data provided by the Department of Customs. This is an increase of 63.73 percent over the previous year. Goods worth Rs 292.26 billion were imported into the country during the same time in th
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