According to the Customs Department’s international trade statistics, Nepal experienced a significant decline in the number of mobile phones entering the country. In the previous financial year (2078/79), the value of mobile imports exceeded Rs. 38 Arba, but in the last year (2079/80), it dropped to just Rs. 26 Arba. The data shows that 39 lakh 35 thousand 367 mobile phones were imported, with a value of Rs. 26 Arba 51 crore 47 lakh 20 thousand, resulting in the government collecting revenue of Rs. 4.88 Arba 73 lakh 76 thousand from mobile phone imports.
Highlights:
- NEPSE Drops 58.93 Points, Closes at 2,470.39 Amid Heavy Trading
- Decrease in Interbank Interest Rate Indicates Heightened Liquidity in Nepal’s Banking System
- “Nepal’s Trade Deficit Narrows to Rs. 14.54 Kharba in FY 2079/80 with Rs. 16.11 Kharba Total Imports”
- “Nepal’s Gold Prices Drop: Market Update”
- “Nepal’s 2022/23 Macroeconomic and Financial Report Released by Central Bank”