RAJESH KHANAL

KATHMANDU, July 26: Nepal Rastra Bank (NRB) has taken cautiously flexible measures to facilitate cash flow in certain sectors including construction and share transactions by unveiling the Monetary Policy for the fiscal year 2024/25 on Friday.

KATHMANDU, July 17: The government fell short of its target for both revenue collection and public expenditure in the fiscal year 2023/24, which ended on Monday.

KATHMANDU, July 12: The International Monetary Fund (IMF) has shown serious concern over Nepal’s low capital expenditure, financial sector vulnerabilities, cooperatives related issues and political instability, stating that these factors are likely to affect the country’s pace of economic recovery.

KATHMANDU, May 29: The government has announced a total budget of Rs 1.860 trillion for the fiscal year 2024/25.

With controversies surrounding royalty payments for non-telecommunication services by ISPs, the government is refusing to release necessary foreign exchange to them.

KATHMANDU, April 28: The much-awaited Nepal Investment Summit 2024 is beginning today (Sunday), with the prime objective to attract foreign direct investment in Nepal’s mega development projects.

KATHMANDU, March 15: Nepal faced a budget deficit of Rs 137.75 billion in the first eight months of the current fiscal year due to a surge in financial liability on debt service of the government.

KATHMANDU, Jan 5: Nepal and India have signed a long-term Power Trade Agreement (PTA), which is expected to ensure a market for the electricity produced in the hydropower-rich Himalayan nation.

KATHMANDU, Dec 17: Nepal Insurance Authority (NIA) is considering blacklisting insurers and all those concerned if found cheating their customers.

KATHMANDU, Dec 14: At a time when a number of macroeconomic indicators have been posting a dismal picture of the economy, Finance Minister Prakash Sharan Mahat claims that the economy has started to move on the right track following the quarterly review of the monetary policy.