Current Macroeconomic and Financial Situation of Nepal

 

Current Macroeconomic and Financial Situation of Nepal

(Based on Six Month’s Data Ending Mid-January 2020/21)

Major Highlights

• Inflation remained 3.56 percent on a Y-O-Y basis.
• Imports decreased 4.8 percent and exports increased 6.1 percent.
• Remittances increased 11.1 percent in NPR terms and 6.7 percent in USD terms.
• Balance of Payments remained at a surplus of Rs.124.92 billion.
• Gross foreign exchange reserves stood at USD 12.78 billion.
• Federal Government spending amounted to Rs.415.75 billion and revenue collection Rs.422.24 billion.
• Broad money (M2) expanded 9.6 percent. On a Y-O-Y basis, M2 expanded 23.0 percent.
• Deposits at BFIs increased 9.2 percent and claims on the private sector increased 11.0 percent.
• On a Y-O-Y basis, deposits increased 22.0 percent and claims on private sector 15.0 percent  

The detailed report is available: HERE