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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Kathmandu / April 17: Finance Minister Barsha Man Pun last night held separate meetings with World Bank (WB) Group Vice Presidents Akihiko Nishio (Development Finance) and Guangzhe Chen (Infrastructure) at the Washington DC-based WB Headquarters. According to the Minister’s Secretariat, the Minister thanked Akihiko Nishio for entertaining Nepal’s proposal to organise a meeting of the […]
Kathmandu / April 15: The two-day schedule of the Third Investment Summit going to be organized in the federal capital, Kathmandu, on April 28 and 29 has been made public. As per the information shared by the Investment Board, two special sessions along with the inaugural session would be held on the first day. The […]
Kathmandu / April 14: The Ministry of Finance has pursued a policy of budget transfers, programme amendments, and scaling up expenditures from the budget allocated under the ‘miscellaneous’ heading. According to the Secretariat of Finance Minister Barsha Man Pun, in the last month alone, Rs 1.63 billion has been disbursed through government agencies following budget […]
Kathmandu / April 11: The Asian Development Bank (ADB) has projected that Nepal’s economy is to grow by 3.6 percent (at market prices) in 2024. Releasing the Asian Development Outlook (ADO) April 2024, a flagship publication of the Asian Development Bank (ADB) by organizing a press conference here today, it shared that Nepal’s economy would […]
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