Kathmandu / July 12: The deposit mobilisation at banks and financial institutions (BFIs) has increased during the current fiscal year. Deposits at banks and financial institutions (BFIs) increased by 8.8 per cent to Rs. 445.13 billion in the review period compared to an increase of 5.7 per cent (Rs. 266 billion) in the corresponding period […]
Kathmandu / July 10: Balance of Payment (BOP) remained at a surplus of Rs.228.98 billion in the first eleven months of the current fiscal year 2022-23 that had begun on July 17, 2022 and is ending within a week. According to the Current Macroeconomic and Financial Situation report released by the Nepal Rastra Bank today, […]
Butwal / July 8: Siddharthnagar Municipality in Rupandehi is set to receive assistance from the Asian Development Bank (ADB) for the construction of a 26.5 km stretch of road. The Ministry of Urban Development will oversee the project, which will be funded by the ADB with 75% subsidy from the Government of Nepal and a […]
Kathmandu / July 7: Nepal Rastra Bank (NRB) has directed banks and financial institutions to extend Saturday services for the next two weeks in view of the closure of the current Fiscal Year (FY) 2022/23. NRB in a notice on Friday directed banks and financial institutions to remain open till 8 pm on Saturday for […]
Gandaki / July 1: Finance Minister Dr Prakash Sharan Mahat has said the budget brought by the government would make the national economy dynamic. At a press conference organised by Nepal Press Union, Kaski in Pokhara today, Finance Minister Mahat mentioned that the budget was brought to make the economy dynamic by keeping the nation […]
Kathmandu / June 30: The Asian Development Bank (ADB) has approved a US$50 million loan to support the implementation of policy reforms by the government of Nepal to help improve its domestic and international trade. In fiscal year 2022, trade and industry contributed 14.1 per cent to Nepal’s gross domestic product (GDP). The government is […]
Kathmandu / June 12: Finance Minister Dr Prakash Sharan Mahat has said the budget for the upcoming fiscal year 2023-24 has presented a minute and objective analysis of existing challenges for the economy. Giving his replies in a meeting of the House of Representatives today over questions raised during the deliberations on the budget that […]
Sher Bahadur Sarki / Bajura: The Agriculture Knowledge Centre (AKC) of Bajura district conducted a detailed study on the district’s geography and its feasibility in apple farming some years ago. Seeing positive possibilities, the AKC attracted farmers of the district towards apple farming. The yield was handsome; however, the farmers did not find it profitable […]
Kathmandu / June 9 : The year-on-year consumer price inflation has remained at 7.41 percent in 10 months of the current fiscal year, 2022/23. This is against the government’s target to keep consumer price inflation within the limit of seven percent, and against 7.87 percent during the same period in the previous FY, 2021/22. According […]
Kathmandu / June 8 : The World Bank Vice President for South Asia Martin Raiser on Thursday called on Finance Minister Dr Prakash Sharan Mahat for holding discussions on Nepal’s challenges to fiscal management as well as the new budget’s strategy and resource management. Issues related to projects’ prioritization, putting assistance in the productive sector […]
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Editor : Mr. Divesh J.B. Rana
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