Expenditure exceeds income, but dev spending only at 23 per cent in eight months The government's expenditure has surpassed the income till the second quarter of the current fiscal year 2024/25. Nepal 14 Mar, 2025
Two big political parties form government for nation's development and stability: PM Oli Prime Minister KP Sharma Oli has said that the two large political parties of the country have formed the government for the nation's development and stability, and there is no need for any misgivings between the present ruling partners. Nepal 16 Feb, 2025
Govt total expenditure stands at Rs 667.60 billion in last six months The total expenditure of the Government of Nepal stood at Rs.667.60 billion during six months of FY 2024/25. Business 04 Feb, 2025
65 projects for drinking water, irrigation and river control in Myagdi The Gandaki province government has operated 65 projects related to drinking water, irrigation and river control in Myagdi this year. Nepal 25 Jan, 2025
Public debt reaches 2,500 billion, interest payment exceeds development budget With the growing size of public debt each year, the expenditure for servicing its interest has also increased, now surpassing the development budget. Business 24 Dec, 2024
Nation's economy showing vibrancy: FM Paudel DPM and Minister for Finance, Bishnu Prasad Paudel, has affirmed that the country's economy is gradually improving as a result of the government's concerted efforts. Business 16 Dec, 2024
Capital expenditure reaches 11pc and revenue collection 28pc in five months The government's income and expenditure both are weak in the first five months of the current Fiscal Year 2024/25. Business 16 Dec, 2024
Credit rating suggests Nepal offers favorable atmosphere for investment: Finance Minister Paudel Deputy Prime Minister and Minister for Finance, Bishnu Prasad Paudel, has said Nepal's sovereign credit rating indicates that Nepal has a favorable environment for investment. Business 02 Dec, 2024
Badly-needed economic reforms: Some suggestions The CPN UML-led government, with support from the largest party, the Nepali Congress, was formed in August with three main objectives: amendment of the constitution for political stability, strengthening governance and reforming the economy. Regarding constitution amendment, no effort has been made so far. Opinion 30 Nov, 2024
Nepal favors grants over loans under BRI, says Govt Spokesperson Minister for Communications and Information Technology, Prithvi Subba Gurung, reaffirmed that the government will not accept loans under the Belt and Road Initiative (BRI). Nepal 26 Nov, 2024
Nepal's economy expected to maintain growth momentum: World Bank Nepal's economic growth is projected to accelerate to 5.1 percent in FY 25 from 3.9 percent in FY 24, driven by anticipated high tourist arrivals, along with increased hydropower and paddy production, according to the World Bank’s latest economic update, Nepal Development Update: International Migration and Well-being in Nepal, released today. Kathmandu 02 Oct, 2024
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
