• Friday, May 30, 2025

Economy

Monetary policy review: Risk weightage of vehicle loan reduced

Kathmandu / May 17: The Nepal Rastra Bank (NRB) has, through third quarter review of the monetary policy of the current fiscal year 2023/24, reduced the risk weightage of vehicle loan. The risk weightage on hire purchase loans provided by banks and financial institutions has been reduced to 100 per cent from the existing 125 […]


16th plan sets economic growth rate target of 7.3 %

Kathmandu / May 15: The economic growth rate of the country is projected to reach 7.3 per cent in the next five years. A target has been set to make an economic growth rate 7.3 per cent under the goal of the 16th Plan made public by the National Planning Commission here today. Making a […]


Economic scenario of 9 months: Most indicators positive; Inflation remained 4.61 %

Kathmandu / May 12: Most of economic indicators based on the nine months data ending mid-April are positive in the country. Till mid-May of the current fiscal year, the CPI-based Inflation remained within the expectations while a balance of payment remained at a surplus and the foreign exchange reserves increased. According to the report about […]


Government will not let private sector down: Finance Minister Pun

Kathmandu / May 7: Finance Minister Barsha Man Pun has made it clear that nothing would be done from the government side, discouraging the private sector. Speaking during the discussions held today at the Ministry to collect suggestions from the representatives of banks and the finance sector for the next fiscal year’s budget, he urged […]


Risk-bearing vital for economic achievements: Finance Minister Pun

Kathmandu / May 2: Finance Minister Barshaman Pun has said the cooperation of former administrators and economic experts is needed to make the budget for an upcoming fiscal year objective and in compatible with time. According to the Finance Minister’s Secretariat, the Minister sought submissions from former finance secretaries, Nepal Rastra Bank (NRB) former governor […]


NSO projects Nepal’s economic growth rate at 3.54 percent in current FY

Kathmandu / April 30: The National Statistics Office (NSO) has estimated that Nepal’s economy will grow by 3.54 percent (at constant price) in the current fiscal year. Unveiling its report on Tuesday, the NSO has estimated the country’s economic growth rate, which is more than the growth rate of 2.31 percent that the country achieved […]


Third Investment Summit kicks off today, govt to dangle 151 projects; Two agreements signed

Kathmandu / April 28: The Third Investment Summit has started in the capital from today. It is being organized to bring in foreign direct investment and launch development projects for the country’s economic progress. The government is dangling 151 projects. The event inaugurated by Prime Minister Pushpa Kamal Dahal ‘Prachanda’ is being attended by over […]


China announces implementation of free visa for Nepali citizens

Kathmandu / April 28: China has announced free visa for Nepali citizens, effective from May 1, 2024. The Chinese Embassy in Nepal has decided not to accept fees for Chinese visas from Nepali citizens from May 1, 2024. Chinese Ambassador to Nepal Chen Song said that such a decision was taken to promote the relationship […]


Industry Minister says Nepal fails to secure expected benefits from WTO

Kathmandu, April 23: Minister for Industry, Commerce and Supplies, Damodar Bhandari, has said Nepal failed to secure expected benefits from international trade despite the completion of 20 years of its membership in the World Trade Organisation (WTO). Speaking at a programme on “expectations, achievements and future course of action in 20 years of Nepal’s WTO […]


Minister Bhandari says economy improving gradually

Kathmandu / April 18: Minister for Industry, Commerce and Supplies Damodar Bhandari has argued that the country’s economy is improving gradually. Inaugurating the “Sustainable Accounting Practices” today in the capital organized by the Institute of Chartered Accountants of Nepal, Minister Bhandari said the slow growth in the economy of the past has now improved. Indicators […]




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