Nepal Rastra Bank (NRB), Nepal’s central bank, has released the country’s current macroeconomic and financial situation based on eight months of data ending in mid-March 2022/23.
Highlights:
- The government’s spending exceeds its revenue by Rs 1.56 Kharba.
- 7-Month Macroeconomic Highlights: Inflation is 7.88%.
- Total Deposits Went Up Rs. 14 Billion in End Week of Magh, Lending Risen by Rs. 3 Billion
- Imports and exports both fell in the first eight months of fiscal year 1979/80.
- Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power’s Net Profit Company to Issue 50% Right Shares