'Energy transition key to South Asia's growth' The World Bank, in its latest ‘South Asia Development Update (SDU), Toward Faster, Cleaner Growth’ report has projected South Asia to grow by 5.8 per cent this year — higher than any other developing country region in the world, but slower than its pre-pandemic pace and not fast enough to meet its development goals. Business 06 Oct, 2023
Nepal's economy to improve next year: ADB The Asian Development Bank (ADB) has stated that Nepal is poised to experience economic improvement next year. Business 22 Sep, 2023
ADB lowers Nepal's projected economic growth The Asian Development Bank (ADB) has revised down its projection for Nepal’s economic growth for the current fiscal year. Business 21 Sep, 2023
ADB estimates economic growth by 4.3 per cent The Asian Development Bank has projected Nepal’s economy to grow by 4.3 per cent, at market prices, in fiscal year 2023/2024. Business 20 Sep, 2023
�Execution challenges should be addressed collectively� The first federal budget for fiscal 2018-19 presented on May 29 drew widespread criticism, with even the ruling party members stating it failed to give an impression that the government is putting enough effort to translate the vision of economic... 12 Jun, 2018
I/NGOs in federal Nepal: Their roles and challenges Stable governments at all levels provide a good opportunity for development partners to work in tandem with government agencies. However, some issues, including transparency in project implementation, must be addressed Nepal has recently... 18 Apr, 2018
Finding resources key challenge in federalism Kathmandu, December 19 Experts have said that fiscal federalism is going to be the biggest challenge in the short term as the transition to the new system is likely to incur a huge cost for the country. The country has recently embarked towards... 20 Dec, 2017
India�s fiscal position MUMBAI: India’s fiscal challenges are a key constraint to the country’s sovereign rating, and the credit agency will closely monitor the government’s consolidation plans at its next annual budget, Thomas Rookmaaker, a director at Fitch Ratings... 09 Dec, 2015
Boehner resignation cuts US government shutdown risk New York, September 26 The shock resignation of US House Speaker John Boehner on Friday reduces the chances of a government shutdown next week, potentially removing one source of investor anxiety as Wall Street gears up for a week heavy with... 27 Sep, 2015
Greece under pressure to take budget action ATHENS: Greece is set to face mounting pressure from markets looking for aggressive government action to curb the country's overspending in the wake of a credit downgrade and violence in the streets. The decision by the Fitch agency to downgrade... 09 Dec, 2009
Cost of terror war hits $430 billion Washington’s “global war on terror” has cost the country at least $430 billion over the past five years in military and diplomatic efforts, according to the Government Accountability Office (GAO), the watchdog arm of the US Congress.The GAO warns... 25 Jul, 2006
India sees fiscal crunch New Delhi, August 24:India sees major financial constraints in this fiscal due to various welfare schemes, but stable macro-economic environment in areas like inflation and growth is reassuring, an official report said today.“Major fiscal challenges... 24 Aug, 2005
