Kathmandu, The Nepal Rastra Bank has recently released its annual report on the macroeconomic outlook for the fiscal year 2080/81, revealing significant economic indicators for the country. The key points are as follows:

Historic Growth in Remittances
- Total Remittances: NPR 1,445.32 billion (USD 10.86 billion).
- Growth Rate: Increased by 16% compared to the previous year.
- Reason: Significant increase in the number of workers going abroad post-COVID-19. In the last three years alone, 2.5 million Nepalis have gone abroad.
Slight Reduction in Trade Deficit
- Total Trade Deficit: NPR 1,440 billion.
- Growth Rate: Decreased by 1% compared to the previous year.
- Imports: NPR 1,593 billion.
- Exports: Only NPR 152 billion.
Decline in Inflation
- Annual Average Inflation: 5.44% (up to the end of Asar 2081).
- Food Subgroup Inflation: 6.47%.
Increase in Foreign Exchange Reserves
- Total Foreign Exchange Reserves: NPR 1,539.36 billion (USD 15.27 billion).
- Growth Rate: Increased by 30.4%.
- Reason: Growth in remittances, reduction in imports, and recovery in the tourism sector.
Current Account Surplus
- Current Account Surplus: NPR 221 billion.
Need for Long-Term Economic Strategy
- It is necessary to adopt long-term plans to reduce the trade deficit and dependence on foreign countries.
- Campaigns like 'Make in Nepal' need to be promoted.