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KATHMANDU， Sept. 23 (Xinhua) -- For the first time in nearly two years， Nepal saw contraction in remittance inflow during the first month of the current fiscal year 2016-17 that began in mid-July and it could hit the Nepalese economy hard， Nepal's central bank has warned.


As the number of Nepalese leaving for foreign jobs decreased significantly over the last year， its impact has been clearly seen in remittance inflow whose size is around 30 percent of the national economy， according to Nepal Rastra Bank (NRB)， the central bank of the Himalayan country.


In its latest monthly Current Macro-economic and Financial Situation Report， released on Thursday， the NRB revealed that remittance inflow decreased by 6.8 percent to 484 million U.S. dollars in the first month of the new fiscal.


"The anemic growth in remittances is likely to pose downside risk to overall economic activities in general and service industry in particular，" the report said. Earlier， Nepal had witnessed contraction of remittance inflow in October and November 2014.


Decreased remittance resulted in deficit in Nepal's balance of payment by 20 million U.S. dollars as of first month of the current fiscal year compared to surplus of 47 million U.S. dollars in the same period of last fiscal year， according to NRB.


Nara Bahadur Thapa， chief of research department at the NRB told Xinhua that the decrease in inflow of remittance was the direct impact of decreased outflow of Nepalese migrant workers in various countries， particularly in the Gulf countries and Malaysia. Nepalese workers departing for foreign employment slumped by 8.4 percent to 418，713 in fiscal 2015-16.


The departure to Malaysia， traditionally the largest work destination for