Don’t miss the latest developments in business and finance.

Nepal's trade deficit increases five folds; touches NRs 1,162 billion

Image
Press Trust of India Kathmandu
Last Updated : Aug 06 2018 | 10:10 PM IST

Nepal's trade deficit jumped five folds in the last decade increasing to NRs 1,162.10 billion as imports have been skyrocketing and exports have slowed to a crawl in the review period, according to a media report.

Nepal imported goods worth NRs 1,243.29 billion against exports worth NRs 81.19 billion which has resulted in a trade deficit of NRs 1,162.10 billion in the last fiscal, Kathmandu Post reported, citing the annual trade statistics of last fiscal 2017-18 unveiled by the Department of Customs yesterday

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Aug 06 2018 | 10:10 PM IST

Next Story