Nepal received the highest amount of remittance from Malaysia, the most popular destination among Nepali migrant workers.According to Nepal Rastra Bank (NRB), Nepali migrant workers in the Southeast Asian country sent home 132.75bil rupees (RM5bil) in the first 11 months of the last fiscal year. The amount represents 22 per cent of the total remittance received by the country. In the first 11 months of the last fiscal year, the country received 598bil rupees in remittance. Meanwhile, the US unexpectedly emerged as the second largest remittance sending country even though a far larger number of Nepali workers are employed in the Gulf. Nepali migrants in the US sent back 110.03bil rupees during the review period. Qatar, Japan, Saudi Arabia, United Arab Emirates, the UK, Australia, Bahrain and Kuwait were the other top 10 remittance sending countries. According to remittance service providers, the figures are not surprising at all since Malaysia has been the preferred country for Nepali migrant workers. “Malaysia has been the favorite destination for Nepali migrant workers because of easy access, high demand and a favourable weather, among other reasons,” said Suman Pokhrel, CEO of IME Remit, one of the largest remittance service providers in the country.
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