Nepalese parents now can send money to their children overseas

A sign of relief for the Nepalese parents who were worried about the financial situation of their children studying overseas. Today, the Nepalese Government has given the approval to send money from Nepal for students living overseas suffering financially because of COVID-19.

Due to the rapid expansion of COVID-19, several Nepalese students are facing an early-stage recession. The scenario has invited financial hardship in sustaining their daily activities. Therefore, considering the haphazard condition, and to normalize the student’s life, the government has established an easy payment gateway.

Without ‘No objection letter’, family members can send money to students in Australia, the USA, Europe, Japan, and other countries. 

However, the Australian and US government are taking care of the unemployment situation. Recently both countries announced an economic welfare package and health package. The Australian government to protect domestic students from the unhealthy financial crisis, has decided to pay $1500 per fortnight. But, international students are out of the Australian government’s relief package.   While the US has introduced an economic relief package of $1200 per adult and $500 per child.

However, the Government has neither allocated nor determined the exact amount that can be sent overseas. The government to maintain foreign exchange balance has prohibited the import of vehicles and liquor for a certain time period.