Pre-budget discussion in Pokhara POKHARA: A pre-budget discussion programme was held in Pokhara on Sunday. On the occasion, representatives of Federation of Nepalese Chamber of Commerce and Industry (FNCCI), businesspersons, industrialists and intellectuals suggested that the... Travel 29 Jun, 2015
Resource Gap in Nepal: Fiscal discipline can bridge The theme of taxation has come through a broad change of composition since last many years. First, taxes provide the long term financial platform for sustainable development. Taxes are the lifeblood of state services. Second, taxation matters for... 15 Dec, 2009
LETTERS Not so rosyWith reference to the news report “FM’s meet with donors ahead of NDF plenum” (THT, March 3), Finance Minister Dr Baburam Bhattarai is confident that the macroeconomic situation is sound and most of the indicators are satisfactory.... 03 Mar, 2009
Budget blame game uncalled for, says FM Kathmandu, November 5:Strict VDI scheme to begin from Dec 30.Talking to media persons here today at his office, Finance Minister Dr Baburam Bhattarai said he was serious about improving revenue administration and meeting the collection target. He also... 05 Nov, 2008
Truth will prevail Finance Minister Dr Baburam Bhattarai has said the new government will announce a national budget soon, and that work has already begun on it. The outgoing government did not present the budget for the current fiscal year because of its lack of... 27 Aug, 2008
Signs of the future The quarrels over the division of power among the political parties are delaying government formation, and this delay is taking its toll in several ways, including on the upcoming national budget for the fiscal year 2008-09. A Maoist-led government is... 09 Jun, 2008
Donors dictate : Small farmers’ lives at stake The donors that have long dictated Nepal’s development agenda have been doing so mainly due to the failure of Nepali officialdom to clearly define and articulate our national agenda and priorities, and thereby influence donor agenda. While our... 25 Mar, 2008
Vital signs The government’s expenses are increasing rapidly while its revenue is falling way behind. The latest official statistics speak for themselves — this week the treasury reserve was Rs.1.5 billion, and last week it was Rs.550 million. The country is... 27 Dec, 2007
Heart of the matter The total revenue of the government has shown an upward trend over the years, including over the past three years. In both absolute and relative terms, revenue collection has shown more or less a rising curve over the years. But that can be misleading... 17 Dec, 2007
Slippery like oil There has been a public debate — particularly since the government jacked up the prices of petroleum products citing a steady rise in the international price of crude oil, which indeed hit US$93 per barrel the other day — about alleged corruption... 01 Nov, 2007
Misplaced optimism Last year Finance Minister Ram Sharan Mahat based his economic projections on the assumption of peace. Peace has returned to the country by and large, except the disturbances in several districts in the Tarai. But the government’s pre-budget survey... 13 Jul, 2007
Act, just do it Nepal Rastra Bank governor Bijaya Nath Bhattarai has urged the Nepali financial sector to gear up for international competition when its financial sector is thrown wide open after 2010 under its World Trade Organisation (WTO) obligations. As a WTO... 15 Mar, 2007
