Kathmandu: In the first two months of the current fiscal year 2082/83 (2025/26), Nepal received Rs 350 billion (Rs 3.5 trillion) in remittances.
This represents a 33.1 percent increase compared to the same period of fiscal year 2080/81 (2023/24).
During the same period last year, remittance inflows had increased by 15.8 percent. In Bhadra 2082 (mid-August to mid-September 2025) alone, Nepal received Rs 174.67 billion in remittances, compared to Rs 127.99 billion during the same month last year.
In U.S. dollar terms, remittance inflows during the review period rose by 27.6 percent, reaching US$ 2.52 billion. In the same period last year, the increase had been 14.2 percent.
The net secondary income (net transfer) during the review period stood at Rs 384.88 billion, up from Rs 287.76 billion in the same period last year.
During the same period, 90,198 Nepalis received final labour approvals (institutional and individual, new) for foreign employment, while 45,884 obtained renewed labor approvals. In the same period last year, the respective figures were 76,485 and 40,583.
Economists say the sharp rise in remittance inflows reflects both the growing outflow of workers and the shift toward formal remittance channels, which has strengthened Nepal’s external financial position and boosted foreign exchange reserves. However, they caution that this trend also highlights Nepal’s deepening dependency on foreign employment rather than domestic job creation.
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