DILIP PAUDEL

The government has unveiled an ambitious digital governance roadmap aimed at making public services fully online, transparent, time-bound and citizen-friendly while integrating key government systems under a single digital platform.

According to the National Statistics Office's Hotel and Restaurant Survey, the hospitality sector attracted Rs 543 billion in investment two years ago. Since then, another Rs 100 billion has flowed into the industry, taking total investment to more than Rs 650 billion, according to the Department of...

Government payment releases ended on July 9. By July 12, only Rs 181.59 billion, or 44.52 percent, of the Rs 407.88 billion allocated for capital expenditure had been spent.

The central bank said the policy aims to create a supportive monetary environment by stimulating economic activity and boosting private sector confidence.

According to the Public Debt Management Office, total public debt rose from Rs 2.674 trillion at the beginning of the fiscal year to Rs 2.961 trillion by mid-June, an increase of Rs 287.14 billion. The figure, which includes losses arising from exchange rate fluctuations, is equivalent to 44.87 perc...

The pilot project confirmed that the new system works effectively.

Since Prime Minister Balendra Shah and Finance Minister Swarnim Wagle took the oath of office on March 27, the Nepal Stock Exchange (NEPSE) index has fallen from 2,879 points to 2,652.93 as of Wednesday. 

According to the Financial Comptroller General Office, the government had spent only 34.87 percent of the capital budget as of June 27. Out of the Rs 407.88 billion allocated for capital expenditure this fiscal year, only Rs 142.23 billion has been spent.

In its latest report released this week from Paris, FATF noted shortcomings in Nepal's anti-money laundering system, capacity to investigate and prosecute financial crimes, efforts to curb illegal hundi transactions, and risk-based supervision mechanisms.

The government has unveiled a new infrastructure development strategy, preparing to launch projects worth nearly Rs 1.15 trillion over the next three years in an effort to accelerate construction and overcome long-standing delays in project implementation.