Main News

Budget for next fiscal year to focus on economic revival, growth

Kathmandu / May 6 : The government is preparing the budget for the Fiscal Year 2022/23, keeping the revival of the country’s economy badly dented by the COVID-19 pandemic through production and productivity growth. The Ministry of Finance is in the process of formulating the budget giving main priority to maximum utilization of water, land, […]


Only vehicles with permission to be allowed to ply on voting day

Kathmandu / May 6: The Election Commission (EC), Nepal has approved the ‘Measure pertaining to vehicles mobility management on the voting day of the local level election, 2079.’ According to the Measure, in addition to the vehicles for the essential services, candidates and their representatives are allowed to drive the vehicles on the voting day, […]


US provides Rs 79.71 billion grant to Nepal for its graduation to middle-income country

Kathmandu / May 5: The United States of America is to provide $ 659 million (equivalent to Rs 79.71 billion) to Nepal for supporting its goal of graduating to a middle-income country. Ishwori Prasad Aryal, Joint Secretary and Head of International Economic Cooperation Coordination Division (IECCD), Ministry of Finance and Sepideh Keyvanshad, USAID/Nepal Mission Director, […]


Plans for tourism development as featured in major parties’ election manifestos

CB Adhikari / Kathmandu, May 5: The country’s tourism sector which was hard hit by the COVID-19 pandemic has started recovering gradually. Foreign tourist arrivals have also seen a gradual rise at present. Tourism activities have started to pick up and many tourists can be seen in the main tourist destinations including the federal capital, […]


EC communiqué to government to shut down international borders

Kathmandu / May 5: The Election Commission (EC) has written to the Government of Nepal to close all international border crossings 48 hours before the polling day. The border transit points are to remain shut until the polling is completed so as to complete the administrative work of the local level election 2079 in a […]


EC officials hold meeting with President Bhandari

Kathmandu / May 4: Officer bearers of the Election Commission (EC), Nepal held a meeting with President Bidya Devi Bhandari today. At the meeting held at the Office of the President, the Head of the State had enquired the EC officials about the local level election slated for May 13. During the meeting, chief election […]


WB to provide 150Mln loan, pact signed

Kathmandu / May 4: The World Bank is to provide a loan of USD 150 million (approximately Rs. 18.36 billion) to strengthen the financial sector of Nepal. The loan under the title of Finance for Growth and Development Policy Credit is being provided to help diversify financial solutions and increase access to financial services in […]


Liquidity in BFIs improves slightly

Ajay Chhetri / Kathmandu, May 4: Liquidity in the bank and financial institutions (BFIs) has slightly improved in the first week of May. The availability of excess liquidity that had hit rock bottom with Rs. 3.4 billion on April 21 has now begun rising in May. According to the Nepal Rastra Bank (NRB), the excess […]


Excited to be in Nepal, see Himalayas: Turkish actor Düzyatan

Pokhara / May 3: The world-renowned Turkish film actor Engin Altan Düzyatan has arrived in Pokhara today. Currently, on a visit to Nepal at the invitation of the Ministry of Culture, Tourism and Civil Aviation, he landed in Kathmandu on Monday. Pokhara Tourism Council and Nepal Association of Tours and Travel Agents (NATTA) officials, tourism […]


FinMin Sharma stresses need for auditing national assets to improve economy

Kathmandu / May 3: Minister for Finance, Janardan Sharma has said that there is a need to audit the national assets of the country. Speaking at a program organized on the forest national assembly of accountant professionals 2022 by Institute of Chartered Accountants, Minister Sharma stressed the need for auditing the national assets of the […]




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