EDITORIAL: Having a dream Even if half the dreams are realized, that will be a significant step forward for the country and its people The over trillion rupee National Budget for the coming fiscal year 2016/17, unveiled by Finance Minister Bishnu Paudel on Saturday, has drawn... 30 May, 2016
Distributive budget of Rs 1,048.9 bn launched Kathmandu, May 28 The government, which has not been able to meet 50 per cent of the annual expenditure target even ten-and-a-half months into this fiscal, has expanded the size of the budget for the next financial year by 28 per cent to Rs... 29 May, 2016
Govt presents annual budget of Rs 1.049 trillion KATHMANDU: Finance Minister Bishnu Paudel on Saturday presented the annual budget of Rs 1.049 trillion for the fiscal year 2016/17, which is 28 per cent more than the budget of current fiscal. Of the total budget, Rs 617.16 billion would be spent... 28 May, 2016
Plan to set up debt management division in limbo Kathmandu, May 13 The government’s plan to establish Public Debt Management Division to consolidate debt management functions has hit a roadblock as the Ministry of Finance (MoF) has failed to endorse organisation and management (O&M) survey... 14 May, 2016
NRB revises annual inflation target to 9.5 pc After supply system was disrupted by blockade at the border points, prices of everything went up Kathmandu, February 28 Nepal Rastra Bank has revised the inflation target for this fiscal to 9.5 per cent, as supply disruptions along Nepal-India... 29 Feb, 2016
MoF to handle NRB�s job of raising domestic debt Kathmandu, January 11 If things go according to plan, the Ministry of Finance (MoF) will take over Nepal Rastra Bank (NRB)’s responsibility of raising domestic debt in the next two years. The policy shift is underway, as the Public Debt... 12 Jan, 2016
Sri Lanka turns to mystery investor in bid to defend rupee COLOMBO: An unidentified investor has promised to park $1 billion in dollar deposits in Sri Lanka to help the island nation defend its currency, the finance minister told Reuters, in an unusual move that highlights the country's precarious... 11 Jan, 2016
Fast Track road project runs into controversy Kathmandu, July 29 The government’s preparations to award the contract of the Kathmandu Tarai Fast Track road to an Indian consortium has been criticised by former prime minister and senior UCPN Maoist leader Baburam Bhattarai and other lawmakers.... 30 Jul, 2015
Huge rise in aid needed to sustain budget Kathmandu, July 16, 2005 The catch in the budget document lies in the projection made by finance minister Madhukar SJB Rana in terms of expected foreign loans and grants that are supposed to keep the economy afloat. In a budget worth Rs 126 billion,... 17 Jul, 2015
Mahat presents Rs 819.47 bn budget • VAT threshold raised to Rs 5 million • Elderly allowance doubled • Rs 91 bn for reconstructionKATHMANDU, July 14 Finance Minister Ram Sharan Mahat today presented an expansionary budget of Rs 819.47 billion for the next fiscal year to... 15 Jul, 2015
Budget size is Rs 819.468 billion KATHMANDU: The total size of the budget announced for the new Fiscal Year 2015/16 is Rs 819.468 billion. This is 32.6 per cent greater than the budget allocated for the Fiscal Year 2014/15. Of the total amount, Rs 484.27 billion (59.1 per cent)... 14 Jul, 2015
Govt to unveil expansionary budget of Rs 820-825 bn KATHMANDU, July 13 Finance Minister Ram Sharan Mahat is expected to unveil an expansionary budget of around Rs 820 billion to Rs 825 billion for Fiscal Year 2015-16 tomorrow at Parliament, laying special focus on reconstruction of structures damaged... 14 Jul, 2015
