KATHMANDU, Nov 7: Even though the Ministry of Finance announced to have paid the arrears of the builders for the last fiscal year to the four development ministries, the builders have not received the payment as per the instructions. The Ministry of Finance issued a circular to all the four Development Ministries on October 18 and instructed them to pay the pending dues.

KATHMANDU, Aug 15: The Federation of Contractors’ Association of Nepal (FCAN) has formed a five-member negotiation team under the leadership of its president Rabi Singh to engage in discussions with the government. After receiving an official letter from the Office of the Prime Minister and the Council of Ministers, the FCAN held a meeting on Tuesday and decided to form the negotiation team.