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Only 47% of FDI commitment materialized in 5 years

Published On: November 13, 2019 07:41 AM NPT By: RAJESH KHANAL

KATHMANDU, Nov 13: Nepal has seen less than half the pledged amount of foreign direct investment (FDI) materialize in each of the last five years. Data from the Department of Industry shows that Nepal received commitments for cumulative foreign investment of Rs 114.96 billion in the past five years.

Trade deficit shrinks by 12% in first quarter

Published On: November 2, 2019 07:50 AM NPT By: RAJESH KHANAL

KATHMANDU, Nov 2: Nepal’s trade deficit in the first three months of the current fiscal year declined by an impressive 12 percent, giving the country some respite from the ever-worsening balance of trade over the past several years.