IMF Report Highlights Post-Pandemic Credit Challenges and Fiscal Pressure in Nepal

KATHMANDU: The International Monetary Fund (IMF) has released a comprehensive report highlighting significant shifts in Nepal's credit growth patterns post-pandemic, contrasting with previous stable credit cycles, and addressing fiscal pressures and financial sector…

Government Issues 73-Point Guidelines for Budget Enforcement
Government Issues 73-Point Guidelines for Budget Enforcement
  0   2 minutes 19 seconds to read

KATHMANDU: The government has issued 73-point guidelines for the enforcement of the budget, directed at all ministries, provincial governments, and local governments.…

Finance Minister Poudel Assures Payment for Construction Entrepreneurs
Finance Minister Poudel Assures Payment for Construction Entrepreneurs
  0   3 minutes 14 seconds to read

KATHMANDU: Deputy Prime Minister and Minister for Finance Bishnu Prasad Poudel has assured construction entrepreneurs that their complaints regarding overdue payments from the government will be addressed…

FNCCI Calls on Government for Policy Decision to Motivate Private Sector
FNCCI Calls on Government for Policy Decision to Motivate Private Sector
  0   3 minutes 17 seconds to read

KATHMANDU: President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Chandra Prasad Dhakal highlighted the need to form a high-level mechanism with private sector’s participation to address the existing economic…

Monsoon-Induced Disaster Affects 163 Highways
Monsoon-Induced Disaster Affects 163 Highways
  0   1 minutes 3 seconds to read

KATHMANDU: Monsoon-induced disasters, including landslides and floods, have affected 163 highways in the past 36…

Gold Price Breaks Another Record as it Soars to Rs 149,800 per Tola
Gold Price Breaks Another Record as it Soars to Rs 149,800 per Tola
  0   1 minutes 23 seconds to read

KATHMANDU: The price of gold reached a record high of Rs 149,800 per tola (11.66 grams) on Wednesday, marking an increase of Rs 2,000 per tola compared to the previous trading day.…

Formation of New Government Raises Hope for Economic Boom: FNCCI President
Formation of New Government Raises Hope for Economic Boom: FNCCI President
  0   1 minutes 13 seconds to read

KATHMANDU: Chandra Prasad Dhakal, president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), has expressed optimism that the formation of a new government involving the two largest parties in parliament has raised hopes for political stability in the…

Earthquake Jolts Mugu this Morning
Earthquake Jolts Mugu this Morning
  0   39 seconds to read

KATHMANDU: An earthquake with its epicenter in Darma of the Mugu district occurred at 4:40 AM…