• Saturday, May 31, 2025

Economy

Nepal’s economy projected to grow 4.61 percent

Kathmandu / April 30: Nepal’s economy is projected to grow by 4.61 percent in the current fiscal year, according to estimates released by the National Statistics Office on Wednesday. The office also projected growth at consumer prices to be around 4.5 percent. The size of Nepal’s economy has expanded to Rs 6.107 trillion, up from […]


Governor recommendation committee member Bhattarai resigns

Kathmandu / April 22: A member of the committee tasked with recommending the next governor of Nepal Rastra Bank resigned on Tuesday, deepening the crisis over the appointment process that has stalled for around a month. Former governor Bijaya Nath Bhattarai, who was nominated to the committee formed by the Cabinet on March 24 under […]


FNCCI Prez urges migrant workers to invest in Nepal

Kathmandu / April 19: President of the Federation of Nepalese Chambers of Commerce and Industry, Chandra Prasad Dhakal, urged Nepalis who are on foreign employment to invest in Nepal. Addressing the first convention organized for the establishment of a multi-purpose revolving fund under the patronage of Baglung Sewa Samaj-Qatar in Doha on Friday, President Dhakal […]


Koshi Province prepared for Investment Summit

Morang / April 16: All preparations have been completed for the investment conference to be held by the Koshi Province Government. The investment summit will be held in Biratnagar on May 1 and 2. At a press conference organized by the Office of the Chief Minister and Council of Ministers here today, it is expected […]


29 per cent development expenditure until third quarter of FY 2024/25

Kathmandu / April 14: The development expenditure has shrunk to 29 per cent until the third quarter of the current fiscal year 2024/25. According to the data of the Financial Comptroller General Office, the capital expenditure of the government as of April 12, 2025 is only Rs 102.9 billion. The government had allocated Rs 352.35 […]


PM Oli urges businesspersons to invest confidently

Kathmandu / April 9: Prime Minister KP Sharma Oli has urged the businesspersons to invest confidently, while sharing that there is political stability in the country. The stable politics has paved way for economic development. Addressing the inaugural function of the 74th annual general assembly of Nepal Chamber of Commerce on Wednesday, PM Oli said […]


Focus is on an implementable budget, says FM Poudel

Kathmandu / April 1: Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel has said that the government’s focus is on presenting an implementable and realistic budget for the new fiscal year. During a discussion with the Ministry of Labor, Employment and Social Affairs in the lead up to the budget estimates for the upcoming […]


Finance Minister Paudel urges to propose implementable plans

Kathmandu / March 27: The Finance Ministry has held discussions with the leadership and officials of the Ministry of Culture, Tourism and Civil Aviation regarding the annual budget for the upcoming fiscal year. During the discussion meeting, Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel urged the officials to prioritize policy transformation rather than […]


Nepal asks India for 230 MW electricity to tackle power shortage

Kathmandu / March 20: A day after Nepal’s Energy Minister confirmed the return of power cuts, the government has formally requested India to supply 230 MW of electricity during evening hours. The Ministry of Energy, Water Resources, and Irrigation made the request via the Ministry of Foreign Affairs, which conveyed the proposal to the Indian […]


IMF completes fifth review under Extended Credit Facility Arrangement for Nepal

Kathmandu / March 15: The International Monetary Fund (IMF) executive board completed the fifth review under the Extended Credit Facility (ECF) Arrangement for Nepal, providing the country with access to SDR 31.4 million (about US$ 41.8 million). This brings total disbursements under the ECF for budget support thus far to SDR 219.7 million (about US$ […]




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