KATHMANDU, Jan 26: Finance Minister Dr Prakash Sharan Mahat has underlined the need for digitization of the customs administration to enhance its effectiveness.

KATHMANDU, Jan 25: Finance Minister Dr Prakash Sharan Mahat has said that more investment in unproductive sectors including the real estate and share market created challenges in the country's economy.

NUWAKOT, Jan 16: Finance Minister Dr Prakash Sharan Mahat has said that the federal government will implement the projects worth more than Rs 30 million from the upcoming fiscal year (FY).

PATAN (Lalitpur), Jan 4: Finance Minister Dr Prakash Sharan Mahat said human settlements should not be constructed in the way that ruins employment and production opportunities.

KATHMANDU, Dec 12: Finance Minister Dr Prakash Sharan Mahat has said there are many reasons for investors to invest in different sectors of Nepal.

GANDAKI, Dec 9: Finance Minister Dr Prakash Sharan Mahat has said it is imperative for Nepal to reduce climate change impacts. Inaugurating the 8th Mountain Festival organized by Nepal Mountaineering Association in Pokhara on Friday, climate change has hit the mountainous countries like Nepal and mountain culture as well.

KATHMANDU, Nov 23: Finance Minister Dr Prakash Sharan Mahat today said the economic problems are being gradually resolved. Concluding the Tax Week organized on the occasion of the National Tax Day, 2080, the minister said that recently an all-party meeting took place in the presence of responsible bodies to resolve the problems in the economy.

KATHMANDU, Nov 1: Finance Minister Dr Prakash Sharan Mahat and UK Minister of State for Foreign Affairs Anne Marie Trevelyan engaged in a bilateral meeting at the Ministry of Foreign Affairs in London, where they discussed various aspects of Nepal-UK relations.

KATHMANDU, Oct 13: Finance Minister Dr Prakash Sharan Mahat has urged the European Union (EU) to remove Nepal from their aviation safety concern list.

KATHMANDU, Oct 9: Finance Minister Dr Prakash Sharan Mahat has left for Marrakech, Morocco, to participate in the annual meeting of the World Bank, scheduled to take place from October 9 to 15 under the banner of 'Global Action, Global Impact.'

KATHMANDU, Sept 26: Finance Minister Dr Prakash Sharan Mahat has called for the role of Multilateral Development Banks, (MDBs) including AIIB and other international organizations and stakeholders to ensure low-and middle-income countries’ access to finance.

KATHMANDU, Sept 22: The Deposit and Credit Guarantee Fund observed a golden jubilee on Thursday.

KATHMANDU, Sept 12: Finance Minister Dr Prakash Sharan Mahat has said there is immense potential for hydropower and tourism in Nepal.

TRISHULI (NUWAKOT), Sept 9: Finance Minister Dr Prakash Sharan Mahat has assured of the government's commitments to secure Chinese cooperation for the construction of a tunnel connecting Tokha of Kathmandu to Chhahare in Nuwakot.

KATHMANDU, Sept 8: Finance Minister Dr Prakash Sharan Mahat has said that the government was working to ease the share market adding that there are different reasons behind the ongoing bearish trend in the Nepal Stock Exchange (Nepse).

LAHAN, Aug 18: Finance Minister Dr Prakash Sharan Mahat has said that the Nepali Congress (NC) and CPN (Maoist Centre) coalition government will complete its full tenure.

MAHENDRANAGAR, Aug 17: Finance Minister Dr Prakash Sharan Mahat has accused main opposition CPN-UML of obstructing parliament by picking unnecessary issues.

KATHMANDU, Aug 15: Finance Minister Dr Prakash Sharan Mahat has made it clear that the contracts of projects failing to report the progress will be terminated.

KATHMANDU, Aug 14: Finance Minister Dr Prakash Sharan Mahat on Sunday held a meeting with the bankers to discuss the current challenges seen in the banking system.

KATHMANDU, July 27: Finance Minister Dr Prakash Sharan Mahat has directed the secretaries of the government to implement the current budget without any delay.

KATHMANDU, July 19: Minister for Finance Dr Prakash Sharan Mahat has urged Indian investors to spur investment in Nepal with confidence as Nepal is a fertile land from investment and returns perspectives.

KATHMANDU, July 19: Finance Minister Dr Prakash Sharan Mahat called on his Indian counterpart, Nirmala Sitaraman, and discussed mutual cooperation and bilateral relations on the sideline of the 3rd finance ministers and central bank governors of G-20 country meeting held in Gujrat on July 17-18.

KATHMANDU, July 14: The government has decided to send a Nepali delegation led by Finance Minister Dr Prakash Sharan Mahat to attend the third finance ministerial meeting of G20 countries- the developed and developing countries including India- being held in Gujarat, India. The Cabinet decision was made on July 11.

KATHMANDU, June 8: The World Bank Vice President for South Asia Martin Raiser on Thursday called on Finance Minister Dr Prakash Sharan Mahat for holding discussions on Nepal's challenges to fiscal management as well as the new budget's strategy and resource management.

KATHMANDU, May 14: Minister for Finance Dr Prakash Sharan Mahat clarified that there was no possibility to roll out an extensive and big size budget for the fiscal year, 2023/24.

KATHMANDU, May 7: Finance Minister Dr Prakash Sharan Mahat has said the current economic problems could be resolved through the monetary policy review instead of the fiscal policy.

KATHMANDU, April 21: Finance Minister Dr Prakash Sharan Mahat has expanded his team.

KATHMANDU, April 8: Finance Minister Dr Prakash Sharan Mahat has vowed to make the national economy dynamic.

BHOJPUR, Nov 17: Nepali Congress (NC) Spokesperson Dr Prakash Sharan Mahat has said that the country needs leadership to work instead of making tall promises.

MORANG, Nov 9: Nepali Congress (NC) Joint General Secretary Dr Prakash Sharan Mahat has claimed that the ruling parties’ alliance would secure a majority win in the elections to the House of Representatives (HoR) and the Province Assembly (PA).

Dodhara Chandani, Nov 6: Nepali Congress (NC) Spokesperson Dr Prakash Sharan Mahat has said that a stable government will be formed under the leadership of Nepali Congress after the elections to be held on November 20.

RATNANAGAR, June 3: Nepali Congress Spokesperson Dr Prakash Sharan Mahat has said that the current five-party ruling alliance will continue until the upcoming federal elections.

KATHMANDU, May 23: Nepali Congress (NC) Spokesperson Dr Prakash Sharan Mahat said that the increase in the price of petroleum products in the domestic market is justifiable as the price of petroleum products has also increased in the global market.

Sthapit’s game is over: Dr Mahat

April 28, 2022 18:21 pm

KATHMANDU, April 28: Nepali Congress (NC) Spokesperson Dr Prakash Sharan Mahat has urged UML leader Keshav Sthapit not to dream of winning the mayoral post saying ‘The Game is over' for  Sthapit. This was stated by spokesperson Mahat while speaking at a public function on Thursday.

KATHMANDU, Feb 18: Nepali Congress Spokesperson Dr Prakash Sharan Mahat has said that the US-funded project, Millennium Challenge Corporation (MCC) compact agreement, and the ruling coalition are two different subjects. Speaking at a press conference organized by the Nepal Press Union Chitwan on Friday, Dr Mahat said, “NC is just asking the other parties to discuss the MCC in parliament. This does not mean to break the alliance.”

CHITWAN, Feb 13: Nepali Congress Spokesperson Dr Prakash Sharan Mahat has alleged that an attempt is being made to create confusion among people about the Millennium Challenge Corporation (MCC) grant assistance.

KATHMANDU, Feb 7: Nepali Congress (NC) leader Dr Prakash Sharan Mahat has been appointed to the post of the party’s spokesperson. NC President Sher Bahadur Deuba handed over the duties of party spokesperson to Dr Mahat today.

KATHMANDU, Dec 12: Nepali Congress (NC) leader Dr Prakash Sharan Mahat has claimed to make the party strong and progressive.

KATHMANDU, Nov 19: Nepali Congress (NC) joint general secretary Dr Prakash Sharan Mahat has said it would be better if the upcoming party leadership was elected through a consensus.

PHUNGLING, Nov 3: Nepali Congress Joint General Secretary Dr Prakash Sharan Mahat has said the Nepali Congress will garner majority votes in the upcoming general election and form its own government.

KATHMANDU, Oct 11: Joint General Secretary of Nepali Congress(NC) Dr Prakash Sharan Mahat, who is currently on a visit to India, said that since Nepal and India have a centuries-old close relationship, it is natural to have some problems arise in the relations between the two countries.

BETRAWATI, May 10: Joint General Secretary of the Nepali Congress, Dr Prakash Sharan Mahat, has said the bill on media council would be unacceptable to his party because it was being brought to violate freedom of expression and press.