KATHMANDU, May 10: The country's balance of payments (BoP) remained at a surplus of Rs 180.17 billion till mid-April, according to a report about the current macroeconomic and financial situation of Nepal unveiled by the Nepal Rastra Bank on Wednesday. Similarly, gross foreign exchange reserves till the date stood at Rs 1433.73 billion and 10.94 billion in the USD terms.
The government has finally unveiled its new Foreign Trade Policy (FTP) which came into force on 1 April. The previous policy, launched in 2015, had to be extended several times due to the pandemic and geo-political developments. Mint explains its importance: