Kathmandu / Jan 29: The Ministry of Finance has prepared an action plan for the implementation of the policy priorities and minimum programmes. According to the Ministry, the action plan mentions policies and programmes, milestones, resources, time limitations, monitoring and evaluation indicators and so on. The action plans to talk about promoting effectiveness in revenue […]
Kathmandu / Jan 23: Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel has said the startup work procedures and provision on project loans would be implemented soon. Addressing the Small and Medium Enterprises Conference organized by the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) in Lalitpur on Monday, Finance Minister Poudel asserted […]
Laxman Kafle / Kathmandu, Jan 17 : The chronic problem of slow pace of capital expenditure of the government has persisted in the current fiscal year as well. The capital expenditure stands at only 14.05 per cent by the end of six months of the current fiscal year (by January 14, 2023), according to the […]
Dipayal / Jan 14: Farmers of Doti district have found their niche in orange farming. They have secured handsome income from it. Orange farming is done in Jorayal, Badikedar and Bogatan Fudsil Rural Municipalities in the district, and its market is local area, Dipayal, Attariya, Dhangadhi, Tikapur, and Mahendranagar. A kg of orange fetches Rs […]
Kathmandu / Jan 13: The Nepal Rastra Bank (NRB) report showed that the balance of payment (BoP) has remained surplus of Rs 45.87 billion at the end of mid-December 2022/23. According to the NRB’s Current Macroeconomic and Financial Situation report of mid-December 2022/23, the BoP stayed at a surplus of Rs 45.87 billion in the […]
Kathmandu / Jan 11 : Nepal’s economic growth rate would remain 5.1 percent in the fiscal year 2022/23 and 4.9 percent in 2023/24, a report reveals. The ‘Global Economic Prospect Report’ released by the World Bank (WB) on Tuesday has come up with the forecast. The WB also estimated that Nepal’s economic growth rate would […]
Kathmandu / Jan 9: Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari on Sunday said that Nepal is facing a serious challenge to keep itself untouched from global economic slowdown. Speaking at the annual general meeting of the Confederation of Banks and Financial Institutions Nepal, Adhikari said the major challenges for the country at present […]
Kathmandu / Jan 8: Former Finance Minister and Governor Dr. Yuba Raj Khatiwada has viewed that banks and financial institutions should opt to improve the quality of credit rather than its size. Addressing the Confederation of Bank and Financial Institutions, Khatiwada said that agriculture sector has not been able to take advantage of rise in […]
Kathmandu / Jan 6: Deputy Prime Minister and Minister for Finance Bishnu Prasad Paudel said that the incumbent government will deliver rapidly once the vote of confidence and council of ministers (CoM) would get completion. DPM Paudel, in a press conference organized to unveil the decisions of council of ministers here today, assured that the […]
Kathmandu / Jan 4: Prime Minister Pushpa Kamal Dahal has held discussions with Deputy Prime Minister and Finance Minister Bishnu Poudel and Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari today. The discussions focused on the present economic situation, problems seen in the banking sector and topics needing immediate reforms. In the discussions held at […]