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Promote a culture of fiscal prudence

Promote a culture of fiscal prudence

- by Republica

The recent report from the Financial Comptroller General Office (FCGO) has revealed a stark reality that the government's reserve fund has plummeted to a negative of Rs 204 billion as of mid-June. This fiscal decline, driven by excessive expenditures surpassing low receipts, underscores the urgent need for decisive action to restore financial stability.

NHRC urges three tiers of govt to be serious on DRR

NHRC urges three tiers of govt to be serious on DRR

- by Republica

KATHMANDU, June 19: The National Human Rights Commission (NHRC) has called for making the disaster mitigation, preparedness, response and management-related aspects more prompt, safe and technology-enhanced.

FDI increases by Rs 10 billion to reach Rs 44.40 billion in current FY

FDI increases by Rs 10 billion to reach Rs 44.40 billion in current FY

- by Republica

KATHMANDU, June 19: Foreign Direct investment (FDI) in Nepal has surged significantly, reaching Rs 44.40 billion by the 11th month (mid-June) of the current fiscal year (FY) 2023/24. This represents an increase of over Rs 10 billion compared to the same period last year, which saw Rs 34.58 billion in FDI.