As the foreign exchange reserves in the national treasury begin to decrease rapidly, the government is preparing to open the import restrictions imposed on Baisakhi from January 1.
According to Nepal Rastra Bank, the money coming in and going out of the country was in deficit for 14 months, while the foreign exchange reserves decreased by more than two billion dollars in the last financial year.
When the statistics for the month of October of this financial year were released, there was a surplus of 12 billion rupees for the first time after 14 months
According to Rashtra Bank, the existing foreign exchange reserves can support the import of goods and services for about 8 months, which reached about 6 months in the last financial year.
In such a situation, there is a risk of breaking the inter-connection between different regions if the restrictions are maintained for a long time.
But since the international situation is not favorable to us, we have to be cautious.
