Deficit

Analysis of Import and Export Trends in the First Nine Months of Fiscal Year 2080/81 1
Business | Market | Economy

Analysis of Import and Export Trends in the First Nine Months of Fiscal Year 2080/81

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Nepal’s trade dynamics in the initial nine months of fiscal year 2080/81 reveal alarming patterns, raising concerns about the nation’s economic outlook. The trade deficit, representing the variance between imports and exports, has expanded by approximately 2.75 percent during this period, indicating a growing disparity between import costs and export values, posing significant challenges to Nepal’s economic stability. Imports Imports in the first nine months of the fiscal year witnessed a noticeable decline of around 2.84 percent, totaling approximately Rs. 11.67 Kharba. In comparison, the corresponding period in the previous year saw imports amounting to goods worth Rs. 12.01 Kharba. […]

Nepal's 7-Month Trade Snapshot: Imports Dip 2.31%, Trade Deficit Narrows 1.77%, Exports Down 7.07% 3
Business | Market | Economy

Nepal’s 7-Month Trade Snapshot: Imports Dip 2.31%, Trade Deficit Narrows 1.77%, Exports Down 7.07%

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In the initial seven months of the current fiscal year, spanning from Shrawan to Magh in the Nepali calendar, Nepal’s imports reached Rs. 8.97 Kharba, indicating a slight decrease of 2.31% compared to the corresponding period in the previous year, where imports totaled Rs. 9.19 Kharba. During this period, the trade deficit has also witnessed

NRB Governor Discusses Power Export and Hydropower Sector Development with IPPAN 5
Business | Market | Economy

NRB Governor Discusses Power Export and Hydropower Sector Development with IPPAN

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Maha Prasad Adhikari, the Governor of the Nepal Rastra Bank (NRB), has emphasized that Nepal’s trade deficit could be effectively addressed if the country could export power worth Rs 130 billion annually. In a meeting with the office-bearers of the Independent Power Producers’ Association, Nepal (IPPAN), Governor Adhikari highlighted the potential of power export as

"Nepal's Trade Deficit Narrows to Rs. 14.54 Kharba in FY 2079/80 with Rs. 16.11 Kharba Total Imports" 7
Business | Market | Economy

“Nepal’s Trade Deficit Narrows to Rs. 14.54 Kharba in FY 2079/80 with Rs. 16.11 Kharba Total Imports”

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  Nepal saw a significant improvement in its trade balance in fiscal year 2079/80 as trade deficits decreased by 15.45% compared to the previous year 2078/79. This improvement was mainly due to a sharp decline in imports, which dropped by 16.08% during the same period. The government’s strict measures played a crucial role in reducing

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