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Economic Whitepaper: BoP deficit by Rs. 15.25 bln, central reserve fund loss by three-fold more in last four years



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By TRN Online, Kathmandu, Aug. 10: Nepal's balance of payment (BoP) went deficit in the last fiscal year 2021/21 by Rs. 15.25 billion as imports surge while the BoP in the preceding fiscal year of 2019/20 was surplus by Rs. 282 billion.

This was revealed in the government whitepaper (factsheet) on the current economic situation of the country presented by Finance Minister Janardan Sharma in the House of Representatives today.

Similarly, central reserve fund has also been deficit by Rs. 146 billion in the last fiscal year whereas it was deficit by only Rs. 43 billion four years ago.