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Home International Customs Nepal

Remittance inflow from Qatar likely to be adversely hit

byCT Report
21/06/2017
in Nepal
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KHATMANDU: Diplomatic crisis in the Gulf has resulted in food price hike in Qatar, which, in turn, is likely to affect remittance flow from there in the coming days.

“Even though it’s too early to gauge the effects on labour demand from Qatar, the cost of living there is quite high and will go up even further as food prices rise,” said Govinda Mani Bhurtel, joint secretary of the Ministry of Labour and Employment (MoLE). As migrant workers will be forced to dish out more on food and other essentials, remittance inflow from there is also likely to be affected.

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