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From east to west: This is how Nepal share market is affecting family economy
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बैंकिङ सिष्टम ह्याक प्रकरण : नेपाल राष्ट्र बैंक भन्छ– डराउनुपर्दैन
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To the relief of foreign job sector, single-shot J&J vaccine being given to migrant workers Kathmandu Post
Kathmandu, July 20 In a last minute change of plans, the Ministry of Health and Population on Monday started administering the single-shot Janssen vaccine developed by Johnson & Johnson to migrant workers. The decision comes as some relief to the foreign employment sector, which has been hard hit by the pandemic.
Kathmandu Valley residents aged 50 to 54 were also administered the single-shot vaccine from Monday with the 1,534,850 doses of the jab the United States provided in grant assistance through the COVAX facility. The single-shot vaccine is also being given to disabled persons, refugees living in Nepal, and health officials and sanitation workers at health facilities.
Image for Representation. Photo: Pixabay
KATHMANDU: Merchandise exports increased by 37.8 percent during the eleven months of 2020/21 reaching Rs.121.25 billion compared to an increase of 0.2 percent in the same period of the previous year.
According to the Nepal Rastra Bank report released today, destination-wise, exports to India and other countries increased 43.3 percent and 25.9 percent respectively whereas exports to China decreased 17.4 percent.
Exports of soyabean oil, cardamom, polyester yarn and threads, jute goods, woolen carpet, among others, increased whereas exports of palm oil, pulses, zinc sheet, wire, cattle feed, among others, decreased in the review period.
Similarly, during the eleven months of 2020/21, merchandise imports increased 25.7 percent to Rs.1383.36 billion against a decrease of 15.3 percent a year ago. The NRB further mentions that destination-wise, imports from India, China, and other countries increased 32.2 percent, 24.0 percent, and 9.9 percent
Nepal recorded negative BoP in past two years My Republica
KATHMANDU, July 16 Nepal s balance of payments (BoP) turned negative in the last two years on soaring imports and a fall in the net inflow of foreign direct investment (FDI).
According to the 11 months report on the Current Macroeconomic and Financial Situation published by Nepal Rastra Bank (NRB) on Thursday, the country s BoP registered a deficit of Rs 15.15 billion in the first 11 months of the current fiscal year compared to a surplus of Rs 179.37 billion in the same period of the last year. As of mid-July 2020, the country had a BoP surplus of Rs 282.41 billion.
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