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ECONOMY

Nepal plans stronger oversight to exit FATF grey list

The strategy focuses on enhancing surveillance, investigation and enforcement against suspicious financial activities.
6 days ago
ECONOMY

Weak govt capacity: Rs 350 billion budget remained unspent

The Finance Ministry’s trend of drafting ambitious budgets but failing to spend them has repeated this year as well. Due to the government's weak spending capacity, Rs 350 billion of the allocated budget for the current Fiscal Year (FY) remained unspent.
6 days ago
ECONOMY

Govt to set up asset management company to handle non-bankin...

As announced by Nepal Rastra Bank Governor Dr Biswo Nath Poudel through the monetary policy for FY 2025/26, necessary legal procedures will be completed within the upcoming fiscal year for the formation of the company.
6 days ago
ECONOMY

NRB to launch ‘NRB with borrowers’ program to address rural...

The announcement was made by NRB Governor Dr. Bishwo Nath Paudel during the release of the Monetary Policy for Fiscal Year 2025/26.  
6 days ago
ECONOMY

260 MW power disconnected from national grid after Rasuwa fl...

Addressing the National Assembly, Minister Khadka informed that key hydropower projects along the Trishuli River Corridor were damaged by the flood, disrupting the supply. 
6 days ago
ECONOMY

National Assembly approves proposal seeking consideration on...

Minister for Home Affairs Ramesh Lekhak had presented the proposal in today's meeting of the upper house.
6 days ago
ECONOMY

Energy Minister faces protest from NEA staff

The unions have warned of disrupting upcoming board meetings of the authority, citing attempts to curtail the executive director's powers. 
6 days ago
ECONOMY

Loan limit for first-time home builders increased to 80 perc...

The measure, part of the new monetary policy unveiled by NRB Governor Dr. Bishwo Nath Paudel on Friday, is aimed at reviving credit flow and stimulating economic activity in the real estate and construction sectors.  
6 days ago
ECONOMY

Kathmandu metropolis sets budget ceiling at Rs 25 billion fo...

The meeting emphasized increasing allocations for infrastructure development in line with public expectations. Compared to the current fiscal year, the upcoming budget will see a rise in infrastructure spending.
6 days ago
ECONOMY

Kathmandu metropolis to unveil budget on Sunday

The municipal executive meeting held today decided to convene the municipal assembly at 2 PM on Sunday.
6 days ago