Economy

Govt presents replacement bill on finance, Rs 1.6 trillion allocated for current FY, 2021/22

Kathmandu, Sept 10. The incumbent government has allocated Rs 1.6 trillion for the current fiscal year, 2021/22 through the replacement bill on finance tabled...

MCC Vice President Sumar, Deputy Chair Brooks arrive in Nepal

Kathmandu, Sept 9. Vice Chair of the US agency of Millennium Challenge Corporation (MCC) Fatema Sumar and Jonathan Brooks, Deputy Chair, have arrived in...

Govt to provide loan at base rate interest to produce COVID-19 vaccines

Kathmandu, August 14 . The government will provide loan at base rate interest to develop COVID-19 vaccines. Arrangements will be made for banks and...

Apex court issues show cause order on advertisement

Kathmandu, August 14. The Supreme Court has issued a show cause order in the name of the government and sought a written response from...

Loan payback time limit extended for restoring tourism business

Kathmandu, August 14. The Nepal Rastra Bank (NRB) has extended the time limit for loan disbursed by the banks and financial institutions (BFIs) to...

Finance committee directs NRB to bring relief, subsidy and economic recovery programmes

Kathmandu, July 6. The Finance Committee of the House of Representatives (HoR) has directed the Nepal Rastra Bank to lay emphasis on the implementation...

Paskistan Provided Financial Aid to Nepal

Kathmandu, June 30. The Government of Pakistan has provided financial assistance of Rs. 43 million to help Nepal in its fight against Covid-19. Pakistan's...

Government of Nepal and World Bank Sign $150 Million Agreement.

 Kathmandu, June 27 . The Government of Nepal and the World Bank today signed a$150 million (Rs. 17.78 billion) concessional loan agreement to support...

Government announces budget of Rs 1647.57 billion for fiscal year 2021/22

Kathmandu, May 30. The government has released the budget of Rs 1647.57 billion for the fiscal year 2021/22. Releasing the budget for the upcoming...

Achieving targeted economic growth rate is challenging: Finance Minister

Kathmandu, May 28. Finance Minister Bishnu Prasad Poudel has said it would be difficult to achieve the economic growth target determined for the current...

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