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
15 public enterprises, including NAC, report losses During the last fiscal year, NAC's net loss amounted to over Rs 650 million, while the corporation's accumulated loss exceeded Rs 16 billion. Business 27 May, 2024
IMF reaches staff-level agreement on third review under ECF ​​​​​​​Nepali authorities and the International Monetary Fund team have reached staff-level agreement for disbursement of about $51.3 million under the third review of the Extended Credit Facility arrangement. Kathmandu 06 Oct, 2023
Nepal may have access to $52m thru IMF's ECF The International Monetary Fund (IMF) staff and Nepali authorities have reached staff-level agreement on the policies needed to complete the combined first and second reviews of the extended credit facility (ECF) arrangement. Business 01 Mar, 2023
EDITORIAL - Future of MDWP Touted as a game changer in addressing the drinking water crisis of the Kathmandu Valley, the government had poured billions of rupees into the Melamchi Drinking Water Project (MDWP) to bring water from the Melamchi River in Sindupalchowk. Opinion 02 Jun, 2022
EDITORIAL - Patchy approach In a bid to save the dwindling foreign exchange reserve solely for the import of most essential goods in the coming months, the government has decided to cut the fuel allowance to government bodies by 20 per cent until the end of this fiscal or mid-July. Opinion 20 Apr, 2022
Fuel allowance of govt bodies slashed by 20pc With the country’s foreign exchange reserves under pressure due to ballooning trade deficit and slowdown in remittance inflow, the government has decided to slash the fuel allowance of government bodies. Business 19 Apr, 2022
Privatisation of NAC: Learn from other airlines State-owned enterprises (SOEs) have a history of unsatisfactory performance in Nepal. Opinion 03 Aug, 2021
People's lives priority of govt: Finance minister Finance Minister Bishnu Prasad Paudel has said that saving the lives of the people is the priority of the government at the moment. He has also requested everyone to join the campaign against COVID-19 pandemic. Business 03 May, 2021
Apathetic neoliberal state: Solidarity will strengthen workers The ill-facet of neoliberalism manifests most starkly in the sector of health, education and food security. People with coronavirus symptoms have been denied treatment by hospitals. Worse, even staffers of the most profitable hospitals have been laid... 11 Dec, 2020
Fair price shops to open after October 1 KATHMANDU, SEPTEMBER 24 Like in the previous years, the government is all set to open fair price shops this year too with an aim to provide some relief to consumers during the festive season. The shops this year will be opened after October... 25 Sep, 2020
Can Kulman Ghising be reappointed as NEA managing director? Foreign minister points to legal hurdle, lawyers say reappointment possible KATHMANDU, SEPTEMBER 18 Minister of Foreign Affairs Pradeep Gyawali, who is also the spokesperson for the government, today said there was a legal hurdle in... Travel 19 Sep, 2020
