Foreign grants decline by 11pc Himalayan News ServiceKathmandu, March 11:Foreign grants has declined by 11.7 per cent to Rs 8 billion in the six months’ period of the current fiscal year in comparison to a rise of 52.1 per cent in the same period last year.Similarly, remittance... 11 Mar, 2005
Projects push up govt expenses Himalayan News ServiceKathmandu, March 9:According to government statistics, during the last six months of fiscal year 2004-05, expenses under various headings such as current expenses, capital expenditure and education have increased. As a result,... 09 Mar, 2005
Development budget drops Himalayan News ServiceKathmandu, January 22:Capital expenditure (development expenditure) witnessed a whopping decline, despite the total released amount during the first six months of current fiscal year 2004-05. According to the ministry of finance... 22 Jan, 2005
Hike in VAT rate angers private sector Himalayan News ServiceKathmandu, January 14:Reacting to the hike in VAT to 13 per cent, effective from today from an earlier 10 per cent, the private sector has termed it ‘unjustifiable’ as it came through an ordinance budget in the middle of the... 14 Jan, 2005
Foreign aid suspension Hard choices for the decision makers Raghab D. Pant The suspension of foreign aid will hit Nepal’s economic growth and the poverty level, especially of the rural sector. I will limit myself to the implementation of the budget for the fiscal year 2004/05. The question of suspension of... 03 Jan, 2005
Govt needs $82 million to meet education goals Himalayan News ServiceKathmandu, March 28:The government is in need of more funds if it is to achieve the education goals and objectives of the next five years beginning 2004. The education sector (with the sub-sectors) need a total of $82 million for... Travel 29 Mar, 2004
Resource gap The draft paper on education sector for discussions at the upcoming Nepal Development Forum meet has once again proved that Nepal’s tardiness in meeting education goals is not for lack of imagination, blue prints and right goals. Because of reasons... 29 Mar, 2004
