Economy

Government Downsizes Budget By 14 Percent 
Government Downsizes Budget By 14 Percent 
  0   1 minutes 0 seconds to read

Deputy Prime Minister and Minister for Finance Bishnu Prasad Poudel has downsized the budget for the current fiscal year…

Contracted Trade Causes Revenue to Fall 
Contracted Trade Causes Revenue to Fall 
  0   2 minutes 22 seconds to read

Birgunj Customs office, Nepal’s one of the major entry points for trade with India and other countries, has failed to collect revenue in accordance with target in the first six months of the current fiscal…

Birgunj Customs Office Fails to Meet Revenue Collection Target
Birgunj Customs Office Fails to Meet Revenue Collection Target
  0   3 minutes 21 seconds to read

Shrinking demand and plummeting consumption have adversely affected government’s revenue collection target at Birgunj Customs Office. The customs office collected only half of the targeted revenue in the month of…

Not Economic Crisis, but a Challenge, says Finance Minister Sharma
Not Economic Crisis, but a Challenge, says Finance Minister Sharma
  0   3 minutes 18 seconds to read

Minister for Finance Janardan Sharma has said that recent challenges Nepal’s economy has been facing including the slow economic growth and shortage of liquidity have resulted from the lack of implementation of economic and business policies introduced by the…

Government Banks Acquiring Loans in Foreign Currency 
Government Banks Acquiring Loans in Foreign Currency 
  0   3 minutes 33 seconds to read

May 2: At a time when foreign exchange reserves are declining due to increasing balance of payments deficit, the finance ministry has given approval to state-owned banks to bring loans in foreign…

Economy at the Crossroads: Former Governor
Economy at the Crossroads: Former Governor
  0   2 minutes 28 seconds to read

April 28: Former governor of Nepal Rastra Bank, Dr Tilak Rawal, said that the economy of Nepal is at the…