Remittance immune to gloom

Kathmandu: Rameshwor Khanal, secretary at the Finance Ministry, today said that the global recession had not yet affected Nepal’s remittance sector.Talking to the media this morning, he said Nepal’s remittance had increased by 65.9 per cent between Mangsir last year to this year’s Mangsir-end. “Remittance rose by 20 per cent during the last fiscal year. Looking at the indices, our remittance has not received any setback,” Secretary Khanal said adding, however, that he was apprehensive regarding the coming future. -