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
Sudurpaschim government spends just 34.5 per cent of total budget The Sudurpaschim government's budget expenditures for the past 10 months of the current fiscal year amount to just 34.5 per cent, totaling Rs 10 billion 646 million. Nepal 14 May, 2024
Economy regaining normalcy: FinMin Sharma Minister for Finance Janardan Sharma asserted that national economy was returning to normalcy. Minister Sharma attributed the normalcy in economy to the timely caution maintained by the incumbent government. Business 04 Sep, 2022
62.37 per cent budget spent in Karnali Province Karnali Province has spent 62.37 per cent of its annual budget in the current fiscal 2021-22. Nepal 11 Jul, 2022
MPs from ruling parties asked not to play 'minister' In a meeting of the House of Representatives today, main opposition party lawmaker Bhanubhakta Dhakal has urged lawmakers representing the ruling parties not to be defensive in relation to issues raised by the opposition in the House. Nepal 13 Jun, 2022
Nepal's economy in crisis: But it will not go the Sri Lankan way Off late, Nepal is facing a credit crunch situation due to the liquidity crisis. It is not a new phenomenon for Nepal, it having witnessed a similar scenario the previous year, too. The CD ratio of almost all banks has crossed over 90 per cent, and they are unable to lend money to the clients. Opinion 23 May, 2022
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
Slow capital spending irks FinMin Paudel KATHMANDU, JANUARY 24 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). Speaking during the... 25 Jan, 2021
Nepal requires Rs 665 billion to revive economy KATHMANDU: The National Planning Commission (NPC) has projected that the country needs Rs 665 billion to rescue its economy weakened by the pandemic. The projection comes after an analysis of impact of the pandemic and damage it has caused to the... 20 Jan, 2021
Capital budget spending at two-decade low of 40 per cent KATHMANDU, JULY 13 With just two days remaining for the 2019-20 fiscal year to end, capital budget expenditure throughout the year stands at one of the worst ever at 39.62 per cent. Officials at the Ministry of Finance said capital expenditure... 14 Jul, 2020
Govt�s �copy-paste� policy & programmes Kathmandu, May 19 President Bidhya Devi Bhandari presented the government’s policies and programmes for fiscal year 2020-21 to the joint session of the Federal Parliament on May 15. This year’s policies and programmes were eagerly awaited as the... 19 May, 2020
Saudi to take 'strict, painful' measures to deal with coronavirus impact RIYADH: Saudi Arabia will take strict and painful measures to deal with the economic impact of the coronavirus pandemic, the finance minister said on Saturday, adding that “all options for dealing with the crisis are open”. “We must reduce... Women 03 May, 2020
