Nepal Rastra Bank has reported that inflation was around 7.74 percent year-on-year. The country’s foreign exchange reserves were at USD 11.74 billion. However, both imports and exports saw declines, with imports dropping by 16.1 percent and exports decreasing by 21.4 percent. This is in contrast to the previous year when imports had increased by 24.7 percent and exports had risen by 41.7 percent.
In terms of loans, an amount of Rs. 197.06 billion was given out to 145,778 borrowers in mid-July 2023. Among these borrowers, Rs. 135.76 billion was provided to 60,350 individuals involved in commercial agriculture and livestock businesses. Additionally, Rs. 58.38 billion was extended to support 82,718 women entrepreneurs. The remaining Rs. 2.91 billion was allocated to 2,710 borrowers falling under other categories of concessional loans.
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