KATHMANDU: The World Bank’s Senior Managing Director, Axel van Trotsenburg arrived in Kathmandu today on his first official visit to Nepal, to meet with the government and other stakeholders and chair the Third Replenishment Meeting
Kathmandu: The government has announced the budget of Rs 1.86 trillion for the upcoming fiscal year 2024/025. Minister for Finance Barshaman Pun unveiled the budget in a joint meeting of the federal parliament this afternoon.
KATHMANDU: The Asian Development Bank (ADB) has projected that Nepal’s economy is to grow by 3.6% (at market prices) in fiscal year 2024. Releasing the Asian Development Outlook (ADO) April 2024, a flagship publication of
KATHMANDU: Minister for Finance Dr Prakash Sharan Mahat said that the national economy is reviving following the continuous efforts of the government and it would reach a decisive mode very soon. At an interaction with
KATHMANDU: Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has said that Nepal required a huge investment in infrastructure, human resource, and technology to graduate from the LDC category by 2026. Addressing the Nepal-Business Forum entitled ‘Investment
KATHMANDU : Prime Minister Pushpa Kamal Dahal 'Prachanda' has reached Dubai of the United Arab Emirates (UAE) today, leading Nepal's high-level delegation to the 28th Conference of Parties to the United Nations Framework Convention on
Kathmandu: The Nepali authorities and the International Monetary Fund (IMF) team reached a staff-level agreement for a disbursement of about $51.3 million under the third review of the Extended Credit Facility (ECF) arrangement. The agreement
Myagdi: Chief Minister of Gandaki Province, Surendra Raj Pandey, has said preparation has been made for the operation of Korala cross-border checkpoint in Mustang. After carrying out onsite visit reaching Pillar no 24 located at
KATHMANDU: The government has simplified the procedures for registration of foreign direct investment (FDI) of up to Rs 500 million, allowing the investors concerned to use automated routes for the process. Publishing a notice in
KATHMANDU: Nepal’s economy is expected to rebound to 3.9 percent in FY24 owing to a lagged impact of the lifting of import restrictions, strong rebound in tourism, and the gradual loosening of monetary policy, according
