Nepal Infrastructure
KATHMANDU: The Director General of the Norwegian Agency for Development Cooperation, NORAD, Bard Vegar Solhjell visited Kathmandu University on Monday. Solhjell was accompanied by the Norwegian Ambassador to Nepal H.E. Torun Dramdal and other Norwegian
Nepal Infrastructure
KATHMANDU: Nepal’s Multidimensional poverty dropped to 17.7 percent in 2019 from 25.7 percent reported in 2011, says a fresh report released by the United Nations on Monday. The report “Global Multidimensional Poverty Index 2022: Unpacking
Nepal Infrastructure
KATHMANDU: The WTO Chairs Programme (WCP) formally launched a new chair institution— Kathmandu University School of Management (KUSOM) on Monday. The institution is led by WCP- Nepal, Co-Chair Prof. Dr Achyut Wagle, Registrar of Kathmandu
Nepal Infrastructure
KATHMANDU: International Finance Corporation (IFC) and the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) agreed to collaborate on examining the economic contribution of Nepal’s private sector and support policymaking for its development. “The
Nepal Infrastructure
KATHMANDU: International Monetary Fund (IMF) has forecast that global growth to slow from 6 percent in 2021 to 3.2 percent in 2022 and 2.7 percent in 2023. Releasing a report- ‘World Economic Outlook: Countering the
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KATHMANDU: Experts and relevant entrepreneurs express concern over the weak export capacity of Nepal highlighting the necessity to enhance production capacity and competitiveness in the global market. They also stressed the need to put in
Nepal Infrastructure
KATHMANDU: The International Finance Corporation (IFC), a member of the World Bank Group, is extending an unfunded short-term facility under the Global Trade Finance Program (GTFP) to Global IME Bank, one of the largest commercial
Nepal Infrastructure
MANILA: The Asian Development Bank (ADB) announced plans to provide at least USD 14 billion over 2022–2025 in a comprehensive program of support to ease a worsening food crisis in Asia and the Pacific, and
Nepal Infrastructure
KATHMANDU: The Ministry of Finance (MoF) and the Embassy of the Republic of South Korea signed two Memorandum of Understandings (MoUs) for the “Strengthening Stage-Wise Support System for the Stable Reintegration of Korea Returnee Migrants
Nepal Infrastructure
KATHMANDU: The Asian Development Bank has estimated that Nepal’s economy will grow modestly by 4.7 percent in fiscal year 2023, down from an estimated growth of 5.8 percent in FY2022. Releasing an update of the Asian
