Economy

ICAN President Criticizes Budget for Failing to Reform Tax System and Address Cooperative Crisis

2 weeks ago

Kathmandu. Nepal Chartered Accountants Institute (ICAN) President CA Nil Bahadur Saru Magar has commented that the budget for the upcoming fiscal year 2083/84 has failed to reform the tax system...

Government Spokesperson Defends Finance Minister Against Budget Allegations

2 weeks ago

Kathmandu. Government spokesperson and Minister for Education and Sports, Sashmit Pokharel, has defended Finance Minister Dr. Swarnim Wagle against serious allegations leveled against him. The government has defended Finance Minister...

Government Approves National Forest Land Use for Four Hydropower Projects

2 weeks ago

Kathmandu. The government has decided to allow the use of national forest area for four hydropower projects.A cabinet meeting held on Tuesday decided to allow the use of national forest...

Private Sector Views Upcoming Budget Positively but Cautiously

2 weeks ago

Kathmandu. The private sector, which has been demanding structural and policy reforms for a long time, has taken the upcoming fiscal year's budget positively in principle. However, the private sector...

Pokhara's Fewa Lake Introduces Insurance for Boat Passengers and Coxswains

2 weeks ago

Kaski. For the first time, insurance has been provided for passengers and coxswains riding boats in Fewa Lake, a major tourist destination in Pokhara. The Fewa Boat Entrepreneurs' Organization has...

Two Economic Years' Budgets Show Similar Patterns in Implementation

2 weeks ago

Kathmandu. Strange coincidences have been seen in the implementation of budgets for two economic years. Similar coincidences have occurred in the implementation of the budgets for the previous economic year...

Rasuwagadhi Border Post Sees Over NPR 40 Billion Imports in Current Fiscal Year

2 weeks ago

Rasuwagadhi. Goods worth more than NPR 40 billion have been imported through the Rasuwagadhi border crossing, a major gateway for trade between Nepal and China, in the current fiscal year.According...

Six Metropolitan Cities Receive NPR 11.71 Billion Grant from Federal Government

2 weeks ago

Kathmandu. Six metropolitan cities have received grants of NPR 11.71 billion from the federal government. According to the details of inter-governmental financial transfer for the fiscal year 2083/84 published by...

Government Allocates NPR 109.65 Billion to Seven Provinces for Fiscal Year 2083/84

2 weeks ago

Kathmandu. The government has published the final allocation of the budget to be transferred to all seven provinces for the upcoming fiscal year 2083/84. According to the report of the...

Government Allocates Over NPR 424 Billion for Intergovernmental Fiscal Transfer

2 weeks ago

Kathmandu. The government has allocated more than NPR 424.27 billion in budget for provinces and local levels through intergovernmental fiscal transfer for the upcoming fiscal year 2083/84. Of the total...

Finance Minister Swarnim Wagle Vows Major Reforms for Good Governance and Economic Restructuring

2 weeks ago

Kathmandu. Finance Minister Dr. Swarnim Wagle has stated that the government is moving forward with the goal of making major changes for the good governance and economic restructuring of the...

NRB Executive Director Poudel Urges Government to Recognize Green Finance Taxonomy Nationally

2 weeks ago

Kathmandu. Nepal Rastra Bank Executive Director Guru Prasad Poudel has urged the government to give national recognition to the 'Green Finance Taxonomy'. Speaking at a program organized in the capital,...

MP Gomadevi Timilsina Praises Nepali Engineers for Tunnel Construction

2 weeks ago

Kathmandu. MP Gomadevi Timilsina has praised Nepali engineers for constructing a tunnel route with their own expertise. In the meeting of the Public Policy and Delegated Legislation Committee, she stated...

MP Padam Pariyar Seeks Clarity on Nagdhunga Tunnel Project Costs and Loan Repayment

2 weeks ago

Kathmandu. Member of Parliament Padam Pariyar has sought a clear answer from the government regarding the cost and loan repayment plan of the Nagdhunga tunnel. Speaking at a meeting of...

Nepal Seeks UN Extension for LDC Graduation, Highlighting Grant-Based Development

2 weeks ago

Krishna Poudel/News Agency Nepal Kathmandu. The Government of Nepal has formally corresponded with the United Nations, requesting a three-year postponement of its graduation from Least Developed Country (LDC) status to...

Government Re-invites Bids for Sun Koshi-Marin Diversion Project

2 weeks ago

Kathmandu. The government has invited international competitive bids (ICB) for the remaining construction work of the national pride Sun Koshi-Marin Diversion Multipurpose Project after about seven months. The Department of...