• Sunday, March 30, 2025

Economy

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$ […]


Expenditure exceeds income, 23% spending in eight months

Kathmandu / March 14: The government’s expenditure has surpassed the income till the second quarter of the current fiscal year 2024/25. According to data from the Office of the Financial Comptroller General, the government’s income stood at Rs 738 billion 821 million and 300 thousand while the expenditure was Rs 839 billion and 356 million […]


Government unveils Internal Employment Promotion Decade

Kathmandu / March 10: The government that has aim to end forced foreign employment has announced next decade (2025-2035) as Internal Employment Promotion Decade. Prime Minister Oli announced this at an inaugural session of the ‘National Labour and Employment Conference-2081’ organized by the Ministry of Labour, Employment and Social Security, today. A memorandum of understanding […]


Oranges worth Rs. 100 million sold from Gorkha

Guna Bahadur Roka / Gorkha, Mar. 10: Oranges worth Rs. 100 million have been sold from Gorkha district this year. Due to decline in production, income from the sale of oranges has declined this year as compared to last year in the district, according to Purna Dhungana, chief of the Prime Minister Agriculture Modernsiation Project, […]


Finance Minister asks officials to focus on projects of strategic importance

Kathmandu / March 6: Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has urged the stakeholders and officials to pay attention for the selection of projects of national importance, while submitting projects for the fiscal year 2082/83 BS. During a discussion with the officials of the Ministry of Urban Development and Ministry of Energy, […]


ADB Chief Economist Park urges focus on productivity and job creation

Kathmandu / March 1: The Chief Economist and Director General of the Economic Research and Development Impact Department of the Asian Development Bank (ADB) Albert F. Park has urged Nepali policymakers to focus on productivity and job creation to steer the country towards economic prosperity. Speaking on the final day of a 4-day mission to […]


Finance Minister Paudel urges Japanese companies to invest further in Nepal

Kathmandu / Feb 27: Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has called on Japanese business leaders to increase investment in Nepal, highlighting the significant opportunities in sectors such as hydropower, tourism, and manufacturing. Minister Paudel made the appeal during a courtesy meeting with representatives from various Japanese companies who are in Nepal […]


Import figures show domestic consumption growth despite economic slowdown concerns

Kathmandu / Feb 26: Recent import data have shown an increase in demand for luxury and high-tax items, contributing to a rise in customs revenue. In the last seven months of the current Fiscal Year (FY), customs points across the country collected Rs 111.9 billion from just 10 imported items. The top contributors to customs […]




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