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Modest growth of 4.1% forecast for Nepal’s Economy in FY2022

KATHMANDU:- Nepal’s economy is anticipated to grow by 4.1% (at market prices) in fiscal year (FY) 2022, up from an

Asian Development Bank projects 4.2 percent growth rate in Nepali…

KATHMANDU;- The Asian Development Bank (ADB) has projected 4.2 percent growth rate in Nepali economy next year, 2022. Updating its

Balanced relations to be maintained with all countries keeping national…

KATHMANDU;-Newly appointed Minister for Foreign Affairs, Dr Narayan Khadka, has said that a balanced relation would be maintained with all

ADB approves $60 million loan assistance to support Electricity Grid…

KATHMANDU:- The Asian Development Bank (ADB) has approved a 60 million USD loan as additional support for the ongoing Electricity

Illegal income won’t be allowed for investment: Finance Ministry

KATHMANDU:- The government would not let off the hook the money laundering, terrorist activities, corruption and other crimes. The Finance

Parliamentary committee shows concern over problems of industrial area

KATHMANDU:- The House of Representatives, Industry, Commerce, Labour and Consumer Interest Committee has shown concern over the problems seen in

Nepal’s Federal Parliament approved Finance Bill

KATHMANDU:- The today's meeting of the House of Representatives has approved two bills. The meeting approved the Finance Bill, 2078

Nepal Government preparing to pass Budget Replacement Bill from the…

N24 Correspondent, KATHMANDU:- The government is preparing to pass the Budget Replacement Bill from the House of Representatives today. Accordingly,

Experts arrive in Doti to study West Seti hydel project

DOTI:- A team of government officials and experts has arrived in Doti district for a study of 750 megawatts West

Government collects Rs 23 million plus royalty from autumn climbing…

By Birat Anupam, SUNSARI:- The federal government has collected more than Rs 23 million plus revenue from autumn climbing permit

70 percent Nepalese migrant workers say they will not choose…

By Ashok Ghimire, KATHMANDU:- More than two-thirds Nepalis migrant workers abroad will not choose the same recruiting agency if they

Swiss govt. provides Rs 1.88 billion grant assistance for implementation…

KATHMANDU:- The Swiss government has agreed to provide Rs 1.88 billion of grant assistance to the government of Nepal to

World Bank agrees for additional financing to improve Nepal’s education,…

KATHMANDU:- The World Bank (WB) has agreed to provide additional financial assistance of US Dollar 50 million each to enhance

5 megawatt solar-powered electricity connected to national grid

TANAHUN:- The national grid has seen an addition of 5 megawatt of power produced from solar grid. The solar-powered electricity

Replacement bill has been brought to encourage domestic industries: Finance…

KATHMANDU:- Finance Minister Janardan Sharma has said the police provisions made in the Budget Ordinance Replacement Bill so as to

Nepal-Bangladesh joint working group meeting proposed for joint-venture on power…

By Ramesh Lamsal,KATHMANDU:- A joint-secretary-level meeting between Nepal and Bangladesh has proposed for joint venture in one project among two

Kathmandu-Raxaul railway project in limbo

By Sanchita Ghimire, KATHMANDU:- A good three years have passed by since the preliminary study of the Kathmandu Raxaul Railway

Nepal’s Economic growth of 7% is likely, Finance Minister says

KATHMANDU:- Minister for Finance Janardan Sharma has said that the government set the economic growth rate of 7 per cent

MCC VP Fatema Sumar calls on Finance Minister Sharma

KATHMANDU:- Vice-President of the Millennium Challenge Corporation (MCC), Fatema Sumar, paid a courtesy call on Minister for Finance, Janardan Sharma

‘MCC Compact is a Nepal-chosen project’

By Bhishma Raj Ojha, KATHMANDU:- It has been clarified that the Government of Nepal itself has chosen all the projects