Nepal’s central bank’s recent report indicates improvements in the country’s current macroeconomic and financial situation, with increased remittance inflows, FX reserves, and a positive balance of payment. Remittance inflows rose by 22.7% to 1.113 tln rupees during FY22-23. By mid-June, the bank’s FX reserves rose by 25.1% to 1.32 tln rupees. Although YoY consumer price inflation decreased to 6.83% in mid-June 2023 from 8.56% a year earlier, it remains higher than the target set for FY23.