(Based on Nine Months’ Data of 2019/20)
- Inflation remained 6.74 percent on y-o-y basis and 6.53 percent on average during nine months.
- Imports decreased 7.5 percent and exports increased 12.9 percent.
- Remittances decreased 4.0 percent.
- Balance of Payments remained at a surplus of Rs.36.61 billion.
- Gross foreign exchange reserves stood at Rs.1155.90 billion. This level of reserve is sufficient to cover the prospective merchandise and services imports for 9.5 months.
- Federal Government spending based on banking transactions amounted to Rs.638.01 billion and revenue collection Rs.590.76 billion.
- Broad money (M2) expanded 8.9 percent. On y-o-y basis, M2 expanded 15.3 percent.
- Deposits at Banks and Financial Institutions expanded 9.7 percent and bank credit to the private sector expanded 11.5 percent. On y-o-y basis, deposits increased 16.9 percent and credit 14.3 percent. Current Macroeconomic and Financial Situation of Nepal (Based on Nine Months’ Data of 2019/20) .