IT service exports earn Nepal over Rs 45 billion in six months

Nepal earned more than Rs 45 billion from IT-related service exports in the first six months of the fiscal year, according to Nepal Rastra Bank. IT and telecom services contributed Rs 12.41 billion, while business process outsourcing generated Rs 33.81 billion. Additional earnings included Rs 204 million from digital content creators and audiovisual services, and Rs 7.5 million from cultural services. Net earnings reached Rs 9.14 billion, reflecting a 10 percent year-on-year increase. The government has eased foreign exchange transfer limits and facilitated overseas investment to support sector growth.