BY karuna Thapa
Kathmandu, April 17
During the first eight months of the current fiscal year, imports of key industrial raw materials and finished goods decreased significantly. Total merchandise imports increased by 28.6% to Rs. 1.38 trillion in the first eight months of the current fiscal year, according to Nepal Rastra Bank. However, data reveals that industrial products imports have decreased while consumer goods imports have increased.
Cement imports have decreased by 84 percent, according to the central bank’s eight-month economic and financial status report.
Imports of MS Willett declined by 24%, while sugar imports dropped by 72.4 percent.
According to the study, raw cotton imports were down 17.9% in mid-February, while salt and tea imports for consumer products were down.
