Nepal Embassy Outreach Program on Remittances

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The Embassy of Nepal, in collaboration with the Nepali Non-Resident Association (NRNA) in Qatar, recently organized an outreach program for community members. Titled “Remittance Flow through Legal Channels”, the program was attended by NRNA Qatar Chairman Mohammad Muktda Musalman and nearly 60 representatives from various Nepali community organizations in Qatar.
The program aimed to impart basic information on the role of remittances and the benefits of using official and formal banking channels. Welcoming the participants, Deputy Chief of Mission Lakshuman Khanal, shed some light on the objectives.
Ujjal Rajbhandari, Managing Director of Himalayan Bank Ltd in Nepal, delivered key remarks while emphasizing the need for remittances to maintain foreign currency reserves to boost investment in infrastructure development and economic activities in Nepal.
Youma Shrestha, Head of Himal Remit, gave a detailed presentation explaining how remittances are transmitted and why it is in the interest of all stakeholders to use only legal channels.
Addressing the program, the Ambassador of Nepal, Dr. Naresh Bikram, thanked the speakers as well as the participants. He also reiterated the use of legal channels for transferring funds.

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