Economy

Consumer price inflation remains at 7.41 percent against target of below 7 percent

Kathmandu / June 9 : The year-on-year consumer price inflation has remained at 7.41 percent in 10 months of the current fiscal year, 2022/23. This is against the government’s target to keep consumer price inflation within the limit of seven percent, and against 7.87 percent during the same period in the previous FY, 2021/22. According […]


World Bank VP Martin Raiser calls on Finance Minister Dr Mahat

Kathmandu / June 8 : The World Bank Vice President for South Asia Martin Raiser on Thursday called on Finance Minister Dr Prakash Sharan Mahat for holding discussions on Nepal’s challenges to fiscal management as well as the new budget’s strategy and resource management. Issues related to projects’ prioritization, putting assistance in the productive sector […]


Report on Nepal-India digital transaction submitted to Governor

Kathmandu / June 4 : A report on digital transaction between Nepal and India has been submitted to Nepal Rastra Bank (NRB) Governor, Maha Prasad Adhikari. A team of the Economic Media Operators Association of Nepal (EMAN) prepared the report after conducting studies in various cities in India including the Indian capital New Delhi for […]


Over 5,000 cases of banking fraud, financial crimes registered in Kathmandu Valley in the first 10 months of current FY

Kathmandu / May 23: A total of 5,312 cases related to banking fraud and financial crime have been registered in Kathmandu Valley in the first 10 months of current Fiscal Year 2022/23. According to the Kathmandu Police Range, the highest number of cases have been registered on issues related to banking fraud and financial crimes […]


Foreign trade decreases by Rs 311 billion

Kathmandu / May 22: Foreign trade of the country has decreased by about Rs 311 billion compared to the last fiscal year. According to the Department of Customs, in the 10 months of the current fiscal year (up to April), trade has decreased by Rs 311 billion this year due to a decline in imports […]


BoP at surplus, inflation exceeds expected ceiling

Kathmandu / May 10: Country’s balance of payments (BoP) remained at a surplus of Rs 180.17 billion till mid-April, according to the report about current macroeconomic and financial situation of Nepal unveiled by the Nepal Rastra Bank today. Similarly, gross foreign exchange reserves till the date stood at Rs 1433.73 billion and 10.94 billion in […]


Finance Minister hails ADB’s support

Kathmandu / Apr. 22: Finance Minister Dr. Prakash Sharan Mahat has said that the government is committed to overcome the challenges related to project implementation and disbursements and improve capital expenditure. He made this remark while speaking at the opening session of a 2-day country portfolio review meeting organised by the government of Nepal and […]


PM highlights role of green energy for Nepal’s transition to strong economy

Kathmandu / April 18: Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has said the government of Nepal recognizes the energy sector as the one that can lead the country to develop a strong base for prosperity. He also stressed that green energy will be both a means and also a product that will enable Nepal to […]


Newly elected FNCCI President Dhakal assumes office

Kathmandu / April 16: Newly-elected President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Chandra Prasad Dhakal, has assumed office at the FNCCI central office in Teku, Kathmandu today. After assuming office, President Dhakal pledged to work for the welfare of small businesspersons. The 57th annual general meeting of the FNCCI on […]


PM Prachanda urges to focus investment on mega projects

Kathmandu / Apr. 13: Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has urged the Investment Board (IB) of Nepal to centre the investments on mega infrastructure projects. Addressing a meeting of the IB today, the PM said we need a huge investment to graduate into the middle-income country by achieving the Sustainable Development Goals (SDGs) in […]




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