Nepal’s import expenses moderated last month, trade deficit reached Rs 825.73 billion

KATHMANDU, Feb 23: Nepal’s import expense climbed to Rs 126.50 billion in the past one month during mid-January and mid-February after the government completely lifted the restrictions on imports.

The figure, however, was less than the monthly average of the country’s imports in the first six months of the current fiscal year. According to the Department of Customs (DoC), the country spent Rs 132.11 billion per month between mid-July and mid-January.