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The current account and adjusted savings reached new heights, has the economy improved?

Author

Dipesh Ghimire

The current account and adjusted savings reached new heights, has the economy improved?

A statistic has shown that Nepal's current account and current account balance are continuously increasing.

The current account surplus has reached 1 trillion 79 billion 48 million till nine months of the current financial year. What Nepal Rastra Bank said.

Experts have said that the effect seen in remittances and the reduction in trade deficit compared to last year had a positive effect on the current account as well as the surplus. Until the third quarter of the last year, the balance sheet, which was at a loss of 60 billion 43 crores, has turned into a historical surplus in the current year.

The current account, which was at a surplus of 1 trillion 66 billion 87 crores at the end of February, increased further in March.

In the nine months of the current year, the surplus has increased to 3.5 billion compared to the previous year.

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