Current Macroeconomic Situation of Nepal (as of mid-June 2019)

• Consumer Inflation remained 6.2 percent in mid June 2019. The average inflation during the eleven months is 4.5 percent.
• Import increased by 17.3 percent and export increased by 18.7 percent. 
• Total trade deficit widened by 17.2 percent to Rs.1211.96 billion.
• Remittances increased 17.5 percent.
• Number of Nepalese workers migrated for foreign employment decreased by 37.3 percent. 
• The current account registered a deficit of Rs.248.72billion.  
• Balance of Payments remained in deficit by Rs.90.83 billion. 
• Gross foreign exchange reserves is sufficient to cover the prospective merchandise and services imports of 7.7 months.
• Federal Government spending based on banking transactions amounted to Rs.792.63 billion and revenue collection Rs.745.59 billion. 
• Broad money (M2) grew by 11.2 percent. On y-o-y basis, M2 expanded 16.7 percent.  
• Deposits at Banks and Financial Institutions increased by 13.3 percent and bank credit to the private sector grew by 18.2 percent. On y-o-y basis, deposits increased 19.0 percent and credit 20.8 percent.
• Of the total 753 local levels, commercial banks extended their branches at 730 levels as of mid-June 2019.
• The total number of BFIs licensed by NRB increased to 176 in mid-June 2019 from 151 in mid-July 2018. As of mid-June 2019, 28 commercial banks, 32 development banks, 24 finance companies, 91 microfinance financial institutions and one infrastructure development bank are in operation. The number of branches of BFIs branches reached 8564 in mid-June 2019.
• The total number of companies listed atthe NEPSE remained 213 in mid-June2019.Of the listed companies, 152 are financial sector including BFIs and insurance companies, 19 manufacturing and processing industries, 30 hydropower companies, 4 each hotels and trading institutions and 4 other sectors.
  Source : Nepal Rastra Bank 
  Read the report in detail here