Economy

Public debt exceeds 45 per cent of country’s GDP

Kathmandu / Feb 21: The public debt obligation has crossed 45 per cent of the gross domestic product of the country. As per the report published by Public Debt Management Office, the government loan stood at Rs 2.611 trillion till February 12 of the current fiscal year 2024/25. “The public debt was Rs 2.434 trillion […]


PM urges private sector to bring concrete proposal for resuming sick industries

Kathmandu / Feb 11: Prime Minister KP Sharma Oli has urged the private sector to come up with a concrete proposal on re-operating the sick industries on a partnership modality. At a meeting of the Commerce-Industry Promotion Dialogue Council held at the Office of the Prime Minister and Council of Ministers today, he urged the […]


Budget’s half-yearly progress mixed: Finance Minister

Kathmandu / Feb 9: Deputy Prime Minister and Finance Minister, Bishnu Prasad Paudel, has said that the results of the half-yearly progress of the budget for the fiscal year are mixed. Presenting the ‘Half-Yearly Assessment Report of Budget Implementation for the Fiscal Year 2081/82’ at today’s meeting of the National Assembly, he mentioned that geopolitical […]


Half-yearly review of budget: Govt. downsizes budget to Rs 1692.7 billion

Kathmandu / Feb 6: The government has revised the budget of the current fiscal year through the half-yearly review. Presenting the budget review of the current fiscal year in today’s House meeting, Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel said the revised estimation of the budget for the current fiscal year stands at […]


Finance Minister pledges payment to construction entrepreneurs

Kathmandu / Feb 2: Deputy Prime Minister and Minister for Finance Bishnu Paudel assured that the government would pay the outstanding amount claimed by the construction entrepreneurs in accordance with the law. At a programme organized by the Female Economic Journalists’ Association (FEJA) here Sunday, DPM Paudel said that incumbent government was experiencing sheer inconvenience […]


Call not to enforce central bank directives and standards in cooperatives sector

Krishna Sapkota / Kathmandu, Jan 28: Stakeholders have raised voice that the Nepal Rastra Bank, the central bank should not enforce its directives and standards to the cooperatives sector when the National Cooperative Regulation Authority has been already constituted. At a discussion programme hosted by Nepal Society of Cooperative Journalists (CJN) here today on ‘Cooperative […]


Lamichhane reaches high court seeking cancellation of Rs 6.5M bail

Kathmandu / Jan 27: Rabi Lamichhane, chairman of Rastriya Swatantrata Party (RSP), has approached the Pokhara High Court, demanding the cancellation of the Rs 6.5 million bail set by the Kaski District Court to release him. A bench of District Court Kaski Judge Nitij Rai had ordered Lamichhane to be released on a bail of […]


Beekeeping business thriving in Nawalpur

Meena Kandel / Kawasoti, Jan. 25: The beekeeping business is becoming more profitable for farmers, as they can earn a good income with nominal investment and labour. Although bees have traditionally been kept for domestic use, this business has started to flourish commercially in recent years. In Devchuli, Kawasoti and Gaindakot in Nawalpur, the number […]


Govt doing its best to address economic challenges: Finance Minister Paudel

Kathmandu / Jan 23: Deputy Prime Minister and Minister for Finance, Bishnu Paudel has said the government is doing its best to move ahead by addressing challenges in the economy. During his address to the 60th-anniversary celebrations of the Rastriya Banijya Bank (RBB) here today, the Finance Minister said some achievements are in hand even […]


Country’s economy towards improvement: Minister Paudel

Kathmandu / Jan 19: Finance Minister Bishnu Prasad Paudel claimed that the country’s economy was moving towards improvement in comparison to the past with the reform efforts yielding results. The economic indicators have shown gradual improvement of country’s economy, Minister Paudel said at a press meet and interaction organized here today by the Finance Ministry. […]




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