FY 2023-24 review: Revenue collection, expenditures fail to meet targets In the fiscal year 2080-81 BS (2023-24), the government's revenue and expenditure fell short of annual targets. Nepal 16 Jul, 2024
Budget of 1.751 trillion unveiled for 2023-24 The government has unveiled a budget of Rs 1.751 trillion for the fiscal year 2023-24 in the joint session of the House of Representatives and National Assembly here today. Nepal 30 May, 2023
IMF projects Nepal's economic growth at 4.4pc The International Monetary Fund (IMF) has projected Nepal’s real GDP to grow by 4.4 per cent in fiscal year 2022-23, supported by the ongoing recovery of tourism, strong agriculture sector performance and resilient remittances. Business 10 May, 2023
'Economic situation of Nepal, Lanka not same' Faris Hadad-Zervos, World Bank country director for Maldives, Nepal, and Sri Lanka, has explained that the situation facing Nepal and Sri Lanka are not the same and that the country can disabuse itself of that fear. Business 06 Apr, 2023
Nepal may have access to $52m thru IMF's ECF The International Monetary Fund (IMF) staff and Nepali authorities have reached staff-level agreement on the policies needed to complete the combined first and second reviews of the extended credit facility (ECF) arrangement. Business 01 Mar, 2023
Budget of current FY reduced The Ministry of Finance has reduced the budget size for the current financial year by 14 per cent to Rs 1,549.99 billion through the mid-term budget review. The budget of Rs 1,793.83 billion for the current fiscal year was presented by former finance minister Janardan Sharma on May 29. Nepal 13 Feb, 2023
Government prepares for half-yearly budget review The Ministry has formed a committee to proceed with the review. Kathmandu 27 Jan, 2023
Finance Minister Sharma unveils Rs 1.793 trillion budget The government unveiled a budget of Rs 1.793 trillion for the fiscal year 2022-23 in the joint session of the House of Representatives and National Assembly here today, with primary focus on stability and sustainable economic growth through production-based economy. Nepal 30 May, 2022
Government unveils nearly Rs 1.65tn budget for 2021-22 The government on Saturday unveiled a budget of Rs 1,647.57 billion for fiscal year 2021-22, with priority accorded to battling and softening the blow of the coronavirus pandemic. Business 30 May, 2021
Country receives foreign aid worth Rs 5.30bn in eight months In the first eight months of the current fiscal year, the country has received foreign aid worth Rs 5.30 billion. Business 15 Mar, 2021
Budget size revised down to nearly Rs 1,345 billion The government has reduced the budget size for the current fiscal year 2020-21 by around nine per cent. Nepal 10 Feb, 2021
Slow capital spending irks FinMin Paudel Finance Minister Bishnu Prasad Paudel has expressed dissatisfaction over the sluggish pace of development budget expenditure in the first six months of the current fiscal year (mid-July to mid-January). Business 25 Jan, 2021
