Country’s imports hit Rs1 trillion mark in the first half of the fiscal year

If inflation reaches double digits and trade deficit keeps rising, the situation may turn from bad to worse.

Nepal’s annual imports bill joined a trillion rupee club for the first time in the fiscal year 2017-18. It was due to a reconstruction drive after the earthquakes of 2015 and the burgeoning income of Nepalis following a massive surge in remittance earnings.