According to the data released by Nepal Rastra Bank, remittance for this fiscal year was Rs. 540.12 billion while it was Rs. 567.7 billion last fiscal year—going down by about roughly 5.10%.
Just before the unprecedented rise in tensions between Russia and Ukraine, China signed a deal with Russia lifting import restrictions on Wheat and Barley, media reports said.
Birgunj transit has seen an increase of around 38 percent in revenue collection from import and export in seven months of the current fiscal year, 2021/22 as compared to the same period of the previous FY.