Nepal’s imports exceed Rs 999 billion in first six months of current FY
Nepal has imported goods worth over Rs 999 billion in the first six months of the current fiscal year 2021/2022.
The export has also witnessed an increase along with the import in the first six months of the current fiscal year. The country exported goods worth over Rs 118 billion in this period.
The country imported goods from 141 countries, especially from India. Nepal imported goods worth over Rs 603 billion from India.
Trade statistics of the first six months of the current fiscal year 2021/22 released by the Department of Customs shows that the import increased by 59.13 percent while the export went up by 955.48 percent during this period.
The import in the first six months of the last fiscal year, 2020/21, stood at Rs 661 billion 245 million and 300 thousand. Although the export is increasing, the import is growing exponentially thereby leading to a heightening trade deficit.
The trade deficit increased by 46.64 percent in the first six months of the current fiscal year to reach Rs 880 billion 491 million 700 thousand. The trade deficit in the same period last fiscal year was Rs 600 billion 446 million 100 thousand.
Similarly, the country recorded foreign trade worth Rs 1 trillion 118 billion 193 million 600 thousand in the first six months of the current fiscal year while it was Rs 722 billion 450 million during the corresponding period last fiscal year. The foreign trade in the first six months of the current fiscal year is 54.86 percent more as compared to the foreign trade in the corresponding period of the last fiscal year. RSS
Lalitpur Metropolitan City decides to halt all services except for emergency from today
The Lalitpur Metropolitan City has decided to halt all the services except for emergency ones from today after some of its staffers tested positive for Covid-19.
Issuing a statement, the Metropolitan City said that it has decided to halt all the services other than the essential ones as some of its infected staffers are undergoing treatment and some are in home isolation.
The services will be halted till next Friday.
China provides two million syringes to Nepal
China has provided two million syringes under a grant which have been delivered on January 22. The assistances come at a time when there are reports that scarcity of syringes is hampering the vaccination program.
“China fully empathizes with Nepali people suffering from the recent pandemic. In light of the needs of Nepal, the Chinese Embassy in Nepal provided to Nepal two million syringes under the grant, which have been delivered on January 22, said the Chinese Embassy in a press statement.
With a view to helping Nepal in its fight against the pandemic and realizing its economic recovery, China will keep close coordination with Nepal and provide assistance in anti-pandemic supplies within its capacity, the Embassy said.
Nepal records 10,254 fresh Covid-19 cases, 16 deaths on Saturday
Nepal recorded 10,254 new Covid-19 cases and 16 deaths on Saturday.
According to the Ministry of Health and Population, 20,187 (14,462 RT-PCR and 5,725 antigen) tests were conducted today.
The Ministry said that 708 infected people recovered from the disease.
There are 72,862 active cases across the nation as of today.