Economy

Aggregate expenditures strides but capital expenditure remains Tepid

Ajay Chhetri / Kathmandu, Nov. 17: The federal government expenditure in the first four months of the current fiscal year (FY) has remained encouraging in comparison to the previous FY. Total expenditure in the first four months of the current FY recorded Rs. 287.5 billion up from Rs 268.9 billion of the same period in […]


Remittance tumbles by 7.6 Percent amid Liquidity Shrink

Kathmandu / Nov. 16: The amount of remittance of the first three months of the current fiscal year (FY) has decreased by 7.6 per cent in comparison to the same period of the previous FY. According to the “Current Macroeconomic and Financial Situation of Nepal” released by Nepal Rastra Bank, the remittance has slid to […]


One Billion Business Continuity Loan for COVID-19 affected Industries

Kathmandu / Oct 26: The government has till the second month of the current fiscal year provided a loan worth one billion rupees for the payment to the employees and workers of tourism and cottage industries. The business continuity loan has been extended to the COVID-19 affected tourism, cottage, small and medium industries for payment […]


Trade deficit up by 58.28% in the first Quarter

Kathmandu / Oct. 25: Trade deficit has increased by 58.28 per cent in the first quarter of the current fiscal year (FY). The Foreign Trade Statistics (FTS) provided by Custom Department showed that the trade deficit in the first quarter amounted to Rs 413.47 billion up from Rs 261.2 billion in the same quarter of […]


Export doubles yet remains as One-Seventh of Imports

Kathmandu / Sept. 25: In the first two months of the current fiscal year (FY), export rose by 115.43 per cent in comparison to the same period of the previous FY. According to the Foreign Trade Statistics (FTS) released by the Department of Customs on September 25, in the first two months of the current […]


Time matters more than Economic Resources: Minister Bhusal

Kathmandu / Sept. 24: The World Bank’s representatives including its Vice-President for the South Asian region Hartwig Schafer have paid a courtesy call on Minister for Energy, Water Resources, and Irrigation Pampha Bhusal on Friday. In the meeting held at the Ministry of Energy, Water Resources, and Irrigation, the two discussed various projects funded by […]


Finance Minister for considering People while making Investment Decision

Ajay Chhetri / Kathmandu, Sept. 21: Finance Minister Janardan Sharma has advocated for considering people while taking an investment decision. Addressing a program “Government Capital Expenditure and foreign direct investment in Nepal”, organized jointly by the Central Department of Economics, Kritipur and Confederation of Bank and Financial Institutions Nepal, he said that common people should […]


Employees’ Protest hampers NAC Services

Kathmandu / Sept 16: Employees at the Nepal Airlines Corporation (NAC), the national flag carrier of the country, have been up in arms for more than two months heavily affecting its administrative work, said NAC’s officials. The agitating employees have put forth a four-point demand. The protest against the NAC for the past two months […]


Cereal Crop Production up, Vegetable Production down in Karnali

Karnali / Sept 15 : Food crop production has increased and that of vegetables has dwindled in Karnali province, according to a study. The Provincial Economic Activities Study Report, 2020/21 published by Nepal Rastra Bank (NRB) shows that the area under food crop cultivation has increased by 2.69 per cent and the production by 6.52 […]


Nepal-Bangladesh Joint Working Group Meeting Proposed for Joint-Venture on Power Project

Ramesh Lamsal, Kathmandu, Sept 14: A joint-secretary-level meeting between Nepal and Bangladesh has proposed a joint venture in one project among two proposed large hydropower projects. Bangladesh has expressed willingness to import a total of 9,000 megawatts of electricity from Nepal by 2040. Bangladesh which is searching for a source of energy to cope up […]




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