EDITORIAL: Economic recovery Soon after Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel assumed office on December 25, the secondary share market bounced back to the pre-pandemic level, hoping that he would fix the problems seen in the national economy. Opinion 20 Jan, 2023
High rates exacerbate woes for industries The high interest rate on borrowing has hit the country’s industries while also affected the overall economic activities. Business 02 Nov, 2022
Capital spending dismal at fag end of fiscal Only 31 per cent development budget spent Average expenditure in previous years 60pc KATHMANDU, JUNE 16 While the fiscal year is coming to an end in a month, the capital expenditure of the government for this year is certain to be the... 17 Jun, 2020
Review of certain existing policies crucial for financial discipline: FinMin Kathmandu, December 19 Finance Minister Yubaraj Khatiwada has stressed on the need to amend a few policies to ensure financial discipline. Addressing the concerns raised by lawmakers on government’s failure to expedite development budget... 20 Dec, 2019
Capital budget spending dismal 9.05 per cent in first five months Kathmandu, December 17 Like in the previous years, the government has failed to enhance its budget implementation capacity, as it has been able to achieve merely 9.05 per cent of capital expenditure progress in the first five months of the ongoing... 18 Dec, 2019
Govt yet to spend almost 50pc of development budget for 2018-19 Kathmandu, July 9 With just one week for the ongoing fiscal year to end, the government is yet to spend almost half of the development budget allocated for this year, thereby reflecting the inability of the ‘comparatively powerful’ government to... 10 Jul, 2019
Nepal � a destination for both backpackers and high-end tourists, say entrepreneurs Kathmandu, June 25 Recently, the Ministry of Culture, Tourism and Civil Aviation published the Nepal Tourism Statistics 2018 that revealed that the average expenses per visitor per day dropped 18 per cent to $44 in 2018 compared to $54 in 2017.... 26 Jun, 2019
Capital spending at 35pc till mid-April Kathmandu, April 16 With only three months left for fiscal year 2018-19 to end, capital spending of the government so far stands at a mere 34.87 per cent of the total allocation, reflecting the sluggish progress in development works during the... 17 Apr, 2019
�Contradictory policies impede business growth and investment� The government is hosting the Nepal Investment Summit on March 29 and 30 with an aim to lure foreign investors into the country. Though similar summits were held in the past and the country received investment pledges worth billions of dollars, the... 12 Mar, 2019
Govt revises capital budget to Rs 265.2bn Kathmandu, March 5 The government has revised downwards the capital budget for the current fiscal year by 15.5 per cent due to its failure to ramp up spending capacity. The government had allocated Rs 313.9 billion for capital budget when the... 06 Mar, 2019
�Hiking deposit rates is not the only way to collect resources� Lack of loanable funds has been a recurring problem in the banking sector since the past few years. Failure to address this perennial problem has not only promoted interest rate war among banks and financial institutions, but has also made the... 25 Dec, 2018
Far-west fails to spend development budget Dhangadi, November 30 Too little has happened in terms of development activities in Far-west Province in the first quarter of the current fiscal. As learnt, the province has managed to spend a meagre 0.181 per cent of the development budget in... Travel 01 Dec, 2018
