Kathmandu: The economic landscape of Nepal has shown promising signs over the past nine months, with a majority of indicators reflecting positive trends.

As per the report on the Current Macroeconomic and Financial Situation of Nepal released by the Nepal Rastra Bank (NRB), several key indicators highlight the country's economic resilience. Notably, the Consumer Price Index (CPI)-based inflation remained stable, standing at 4.61 percent year-on-year, a decrease from 7.76 percent in the corresponding period last year. Within this, the food and beverage category saw inflation at 5.21 percent, while non-food and service category inflation stood at 4.14 percent.

Remittance inflows surged by 19.8 percent to Rs. 1082.62 billion, indicating sustained support from abroad. The current account also recorded a surplus of Rs. 179.48 billion, compared to a deficit in the same period last year, while the Balance of Payments (BOP) remained in surplus territory.

Gross foreign exchange reserves saw a notable increase of 24.2 percent, reaching Rs. 1911.86 billion, bolstering the country's financial stability. Importantly, the share of Indian currency in total reserves stood at 21.6 percent.

On the fiscal front, government expenditure totaled Rs. 909.39 billion, while revenue collection reached Rs. 748.04 billion. Although government expenditure decreased slightly, revenue mobilization saw a growth of 9.4 percent, indicating efficient fiscal management.

Moreover, broad money (M2) increased by 7.5 percent, reflecting healthy liquidity in the economy. Net foreign assets (NFA) rose significantly by 25.1 percent, contributing to overall monetary stability.

In terms of trade, the total trade deficit decreased by 2.8 percent to Rs. 1053.42 billion, showcasing progress in narrowing the gap between exports and imports.

Overall, these positive trends underscore the resilience and potential of Nepal's economy, providing a strong foundation for sustained growth and development in the coming months.