Increase in imports is widening the Nepal’s trade deficit; there is a need to take urgent measures to jack up export
The only solace is an increase in remittance, which has for years helped keep the country’s economy afloat. As per the report, the workers’ remittances have increased by 37.3 per cent to Rs 242.17 billion in the review period compared to a growth of 2.6 per cent in the same period of last fiscal year. But to address the widening trade deficit, the country cannot rely on...