Kathmandu / Jan 19: Finance Minister Bishnu Prasad Paudel claimed that the country’s economy was moving towards improvement in comparison to the past with the reform efforts yielding results. The economic indicators have shown gradual improvement of country’s economy, Minister Paudel said at a press meet and interaction organized here today by the Finance Ministry. […]
Kathmandu / Jan 19: The public debt till mid-January of the current fiscal year has exceeded Rs 2,536 billion. According to the Public Debt Management Office, Nepal’s total public debt has exceeded 44 per cent of the Gross Domestic Product (GDP). In the past six months, Rs 102 billion has been added to the public […]
Kathmandu / Jan 17: Prime Minister KP Sharma Oli has said there is no need to worry over energy consumption as heavy industries like iron and steel industries and fertilizer plants are in the process of establishing within the country itself and as preparations are being made to operate the closed industries in a new […]
Kathmandu / Jan 14: The half-yearly review of the budget indicates that 39 per cent of the targeted income and 35 per cent of the projected expenditures have been achieved. According to the Comptroller General’s Office, the government expenditures reached Rs 667 billion 619 million, representing 35.89 per cent of the annual target, as of […]
Kathmandu / Jan 10: The consumer price inflation has stood at 6.05 percent in mid-December 2024 compared to 4.95 percent a year ago, according to the central bank. Issuing a report on Current Macroeconomic and Financial Situation of Nepal (Based on Five Months Data Ending Mid-December, 2024/25) on Friday, the Nepal Rastra Bank stated that […]
Kathmandu / Jan 8: The government received the report of the high-level economic reform commission on Wednesday. Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel received the report. The commission formed under the chairmanship of former finance secretary Rameshwor Khanal submitted the report, suggesting a list of works to be carried out in three […]
Kathmandu / Jan 7: The government has prepared a draft of the Development Cooperation Mobilization Policy, 2081 BS, aimed at enhancing the management of development cooperation in response to the changing national and international scenario in the relevant area. This policy aligns with the shifting priorities of international development partners, a decline in concessional loans, […]
Kathmandu / Jan 7: President of Federation of Nepali Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal has pointed at the need of concrete steps on the part of the government to promote exports and substitute imports for economic development of the country. Speaking at a programme held on the occasion of the 9th […]
Kathmandu / Jan 2: Minister for Culture, Tourism, and Civil Aviation Badri Prasad Pandey has stressed the private sector’s role in driving the prosperity of the tourism industry. During a meeting of the International Relations and Tourism Committee of the House of Representatives (HoR) today, the Minister shared that the Ministry had already organized two […]
Kathmandu / Jan. 02: State Affairs and Good Governance Committee of the House of Representatives has passed the Bill designed to amend the Prevention of Corruption Act, 2059. Today’s meeting of the Committee passed the bill along with the report of the sub-committee on the proposal of Chairperson Ram Hari Khatiwada. A sub-committee was formed […]