Economy

Minister Bhandari says economy improving gradually

Kathmandu / April 18: Minister for Industry, Commerce and Supplies Damodar Bhandari has argued that the country’s economy is improving gradually. Inaugurating the “Sustainable Accounting Practices” today in the capital organized by the Institute of Chartered Accountants of Nepal, Minister Bhandari said the slow growth in the economy of the past has now improved. Indicators […]


Finance Minister meets WB Vice Presidents, seeks WB’s more investment in Nepal

Kathmandu / April 17: Finance Minister Barsha Man Pun last night held separate meetings with World Bank (WB) Group Vice Presidents Akihiko Nishio (Development Finance) and Guangzhe Chen (Infrastructure) at the Washington DC-based WB Headquarters. According to the Minister’s Secretariat, the Minister thanked Akihiko Nishio for entertaining Nepal’s proposal to organise a meeting of the […]


Schedule of Third Nepal Investment Summit made public

Kathmandu / April 15: The two-day schedule of the Third Investment Summit going to be organized in the federal capital, Kathmandu, on April 28 and 29 has been made public. As per the information shared by the Investment Board, two special sessions along with the inaugural session would be held on the first day. The […]


Government expedites budget transfers policy to accelerate expenditures

Kathmandu / April 14: The Ministry of Finance has pursued a policy of budget transfers, programme amendments, and scaling up expenditures from the budget allocated under the ‘miscellaneous’ heading. According to the Secretariat of Finance Minister Barsha Man Pun, in the last month alone, Rs 1.63 billion has been disbursed through government agencies following budget […]


Nepal’s economy to grow by 3.6 percent in 2024: ADB

Kathmandu / April 11: The Asian Development Bank (ADB) has projected that Nepal’s economy is to grow by 3.6 percent (at market prices) in 2024. Releasing the Asian Development Outlook (ADO) April 2024, a flagship publication of the Asian Development Bank (ADB) by organizing a press conference here today, it shared that Nepal’s economy would […]


WB projects inflation to remain at 6.7 percent in 2024

Kathmandu / April 03 : The consumer price inflation in Nepal is expected to remain high at 6.7 percent in Fiscal Year 2024, close to the central bank’s 6.5 percent ceiling, due to VAT exemptions removal, India’s food export restrictions, and increased paddy minimum support prices. However, inflation is forecasted to decline to 6 percent […]


Pre-event seminar on Investment Summit organized in Bangladesh

Kathmandu / March 31: The Embassy of Nepal in Dhaka organized a pre-event seminar on the Third Nepal Investment Summit 2024 on Saturday. On the occasion, Nepal’s Ambassador to Bangladesh Ghanshyam Bhandari urged Bangladeshi investors to explore investment opportunities in key sectors such as hydropower, infrastructure, hotel and hospitality, pharmaceuticals, and information and communication technology, […]


FinMin Pun holds a virtual meeting with ambassadors and heads of delegations for Investment Summit

Kathmandu / March 30: Finance Minister Barshaman Pun convened a virtual meeting with over 40 Nepali ambassadors and heads of diplomatic missions abroad in preparation for the Nepal Investment Summit 2024 scheduled for April 28-29 in Kathmandu. Minister Pun attended the meeting at the Ministry of Foreign Affairs late Friday evening via Zoom. Chief Secretary […]


Budget principles and priorities are to be revised on need basis: Finance Minister

Kathmandu / March 20: Finance Minister Barshaman Pun has said the principles and priorities of the Appropriation Bill for the upcoming fiscal year 2024/25 shall be revised on the basis of necessity and also taking the Common Minimum Resolve adopted by the present ruling alliance into consideration. He also said the good policies contained in […]


Finance Minister issues directive for paying dues to dairy farmers

Kathmandu / March 15: The Ministry of Finance is to immediately pay the dues to the dairy farmers. Finance Minister Barshaman Pun has directed the high officials of the Ministry, including the Revenue Secretary Dr Ram Prasad Ghimire, to immediately take forward the process of paying the dairy farmers, according to the Finance Minister’s Secretariat. […]




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