KATHMANDU, Feb. 7 -- Nepal received Rs 763.08 billion in remittances during the first six months of the current fiscal year. The Ministry of Finance reported a 4.1 percent increase in remittance inflow (in Nepali currency) in its mid-term budget review report.

Remittance inflow had surged by 22.2 percent during the same period last year. Meanwhile, net transfers rose by 4.2 percent to Rs 832.76 billion. Last year, net transfers had grown by 21.1 percent during the same review period.

The Ministry of Finance noted an 11.7 percent rise in Nepalis obtaining final labor permits (both institutional and individual) for foreign employment, bringing the total to 230,439. Similarly, the number of Nepalis renewing their labor permits increased by...