‘Nepal’s economy is at an alarming stage’

KATHMANDU: The recent high imports and the decrease in foreign exchange reserves indicate that Nepal’s economy is at an alarming stage.

According to the report of the First Six Months’ Data Ending Mid-January of the fiscal year 2021/22 published by Nepal Rastra Bank (NRB), the total trade deficit increased 46.6 percent to Rs.880.49 billion during the six months of the fiscal year.