European Union, Nepal Rastra Bank and IFC host Seminar on Climate Risks and Opportunities in Nepal's Banking Sector A seminar titled “Climate Risks and Opportunities in Nepal’s Banking Sector” was held on Wednesday, jointly organized by the Nepal Rastra Bank (NRB) and International Finance Corporation (IFC), with support from the European Union under the regional initiative “Accelerating Climate Smart and Inclusive Infrastructure in South Asia” (ACSIIS). Business 21 Nov, 2024
Germany commits Rs 1.46 billion grant to Nepal for power distribution project Germany has committed €10 million (approximately NPR 1.46 billion) in grant assistance, as announced by the Ministry of Finance in a press release. Nepal 19 Nov, 2024
Investing in a greener tomorrow: The benefits of climate and green finance for Nepal Nepal remains the most susceptible country to the impacts of climate change mainly due to its geographical location and intensive agriculture. Opinion 22 Jul, 2024
Nepal in priority for investment: AIIB The Asian Infrastructure Investment Bank (AIIB) has said it accords top priority to Nepal. A visiting high-level delegation from the AIIB said this during a meeting with Finance Minister Barshaman Pun, according to the Minister's Secretariat. Business 26 Mar, 2024
Challenges of microfinance in Nepal: Rebalancing social purpose and financial stability During the 1990s, Nepal introduced microfinance institutions (MFIs) such as savings and credit cooperatives as a means to provide credit access to those who were financially excluded. Opinion 08 Sep, 2023
Election for House panel chiefs today Lawmakers have filed candidacies for the election of chairs of 10 thematic committees in the House of Representatives. These thematic committees also include the two joint committees — Parliamentary Hearing Committee and State Directives Principles and Policy Monitoring and Implementation Committee. Nepal 28 Aug, 2023
USAID Nepal, Nepal Govt conclude Joint Portfolio Review, strengthening partnership, collaboration The United States Agency for International Development (USAID) Nepal and the Government of Nepal successfully concluded the Joint Portfolio Review (JPR) 2023 today. Kathmandu 11 Aug, 2023
Finance Committee issues directive to government to open process for broker licence The House of Representatives, Finance Committee has issued directives to the bodies concerned to move ahead the stalled process related to the license for stock broker and stock dealers. Business 20 Jun, 2023
More reforms needed to strengthen fiscal federalism Nepal has made significant progress on fiscal federalism, but more needs to be done to strengthen the regulatory framework, institutional setup, human resource capacity, and public financial management (PFM) systems at the provincial and local levels, says the World Bank in its first annual Nepal Fiscal Federalism Update launched today. Business 16 Jun, 2023
Nepal's Budget 2080/81: Promoting prosperity, reducing disparity, and emphasizing sustainability In a significant parliamentary session on Monday, Finance Minister Dr. Prakash Sharan Mahat unveiled Nepal's budget for the fiscal year 2080-81. The budget, focused on the prosperity of the country and poverty eradication, addresses various key areas while emphasizing sustainability and inclusivity. Nepal 29 May, 2023
Finance Minister Mahat unveils budget for fiscal year 2080/81 In a parliamentary session on Monday, Finance Minister Dr. Prakash Sharan Mahat unveiled the budget for the forthcoming fiscal year 2080/81. Nepal 29 May, 2023
IFC invests $55 million in Nepal's financial sector International Finance Corporation (IFC) has announced an investment of $55 million in Siddhartha Bank Ltd (SBL) to support the bank in increasing access to finance for small businesses, while also fostering climate finance in Nepal. Business 17 May, 2023
