China sets robust growth target to shore up cooling economy BEIJING: China's government announced a robust annual economic growth target and a 7.5 percent rise in military spending Tuesday at a legislative session overshadowed by a tariff war with Washington. In a bid to defuse US and European complaints... 05 Mar, 2019
Provinces spend less than 5pc of allocated budget Kathmandu, October 28 Provincial governments have been slower than the federal government in spending the allocated budget in the first quarter of this fiscal. As per the Financial Comptroller General Office, provinces have spent 0.62 per cent of... 29 Oct, 2018
Rautahat local levels undecided on holding assembly Rautahat, August 23 As many as 12 local levels of Rautahat are yet to hold assembly due to dispute among local representatives over the distribution of development plans and budget expenses of the last fiscal. With looming uncertainty over the... Travel 24 Aug, 2018
NPC fixes budget ceiling of Rs 1,200bn for next fiscal Kathmandu, April 19 It is likely that the government will be more austere in its financial plan as the National Planning Commission (NPC) has fixed a budget ceiling of Rs 1,200 billion for fiscal year 2018-19. The apex planning body of the... 20 Apr, 2018
Government on track to miss budget execution target yet again Kathmandu, June 15 The government seems to be on track to give continuity to the trend of low budget execution this fiscal also, as only 57.64 per cent of the total budget of Rs 1,048.92 billion has been spent in the first 11 months. At this... 16 Jun, 2017
Govt unlikely to meet revised capex target Kathmandu, May 27 It seems the government will miss the revised target of capital budget spending as capital expenditure stands at just Rs 104.92 billion against the revised target of Rs 262 billion in the first 10-and-a-half months of this... 28 May, 2017
DAO directs children�s homes to submit monthly report Kathmandu, January 28 The District Administration Office, Kathmandu has directed operators of children’s homes in the district to submit monthly report on their regular programmes and budget expenses after there were complaints that many of these... Horoscopes 29 Jan, 2016
PPA soon to rein in donors, govt Kathmandu, August 27 :For the first time in Nepal, government is set to introduce Public Procurement Act (PPA) in a bid to rein in donors and the government itself. The Act seems to be ‘a self-correction and control mechanism’ for the government... 27 Aug, 2006
‘Making budget a tricky affair’ Himalayan News ServiceKathmandu, June 8:Senior economists, businessmen and experts have commented that budget making for the current fiscal year is proving to be a tricky job for the government as the revenue situation is getting worse by the day.Due... 08 Jun, 2005
