KATHMANDU, Dec 1: Finance Minister Janardan Sharma in the Substitution Bill had said that plans for 1400 small roads would be put to a halt. But the budget of those schemes will not be stopped.

RUKUM, Nov 28: Finance Minister Janardan Sharma has said that development cannot take place without the support and participation of the people at the project site.

KATHMANDU, Nov 18: Finance Minister Janardan Sharma has directed authorities concerned to arrange rewards for those who report tax evasion cases.

KATHMANDU, Nov 13: Finance Minister Janardan Sharma has said that the manufacturing industry is a priority of the government. At an interaction organized by the Chamber of Commerce and Industry, Pokhara on Friday, he said that his goal is to build a productive economy in the country.

POKHARA, Nov 13: Finance Minister Janardan Sharma has said that media persons should be able to establish the truth as per the expectations of the people and defend wrongdoings.

SINDHUPALCHOWK, Nov 9: Finance Minister Janardan Sharma has stated that his goal is to collect 200 times more revenue than the set target.

KATHMANDU, Oct 29: Finance Minister Janardan Sharma has said that many industries should be run to boost the country's economy.

KATHMANDU, Oct 25: Finance Minister Janardan Sharma and British Ambassador to Nepal, Nicola Pollitt, have discussed issues including climate change.

KATHMANDU, Oct 4: Finance Minister Janardan Sharma has urged the microfinance institutions (MFIs) to reduce the existing interest rates on loans. MFOIs across the country have been investing through loans at an interest rate of 10 to 15 percent.

KATHMANDU, Sept 30: Finance Minister Janardan Sharma has started discussions on settling the COVID-19 insurance claims yet to be paid by various insurance companies.

HoR passes Appropriation Bill, 2021

September 20, 2021 12:41 pm

KATHMANDU, Sept 20: The meeting of the House of Representatives (HoR) has passed the Appropriation Bill, 2021. The bill proposed by the Minister for Finance Janardan Sharma was endorsed by the HoR meeting held on Monday amid obstructions posed by the CPN-UML.

KATHMANDU, Sept 13: Finance Minister Janardan Sharma has directed to install vehicle scanners at major customs points as soon as possible.

KATHMANDU, Sept 12: Fatima Sumar, the visiting vice president of the Millennium Challenge Corporation (MCC) requested Finance Minister Janardan Sharma to pass the compact through parliament.

KATHMANDU, Sept 9: Finance Minister Janardan Sharma has announced that the Melamchi Drinking Water Project, which was damaged severely by the floods and landslides, will be repaired and water supply will be resumed by mid-April 2022.

KATHMANDU, Sept 10: Finance Minister Janardan Sharma tabled the bill to replace the ordinance budget brought by the erstwhile government in today's session of the House of Representatives (HoR).

KATHMANDU, August 29: Finance Minister Janardan Sharma has urged youths to move ahead with a plan to employ 1.5 million youths in the country.

KATHMANDU, August 16: Finance Minister Janardan Sharma has urged the savings and credit cooperatives to inject 60 percent of the investment in the productive sector.

KATHMANDU, August 13: Finance Minister Janardan Sharma has directed officials to submit an action plan to double the domestic revenue.

KATHMANDU, August 6: The new physical infrastructure to be built now will be differently-abled friendly, said Finance Minister Janardan Sharma.

KATHMANDU, July 27: Finance Minister Janardan Sharma has said that the existing provisions of the Public Procurement Act are obstacles to expedite the pace of development works.

KATHMANDU, June 23: Minister for Finance Bishnu Prasad Poudel has urged the hoteliers and tourism entrepreneurs to take benefit from the facilities provided by the government in the hotel and tourism sector.

KATHMANDU, June 10: Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel has clarified that the government will not take any decision that will hamper the conservation of Chure region.

KATHMANDU, June 9: Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel has reiterated that all the programs mentioned in the budget will be implemented effectively. He requested all not to be confused or have any doubts about the implementation of the budget.

KATHMANDU, May 16: Reappointed Minister for Finance, Bishnu Prasad Poudel has said that he will bring next year's budget with programs to face COVID-19.

KATHMANDU, May 5: The second wave of COVID-19 has fuelled the worsening conditions mainly of the people in low income and vulnerable groups, which will aggravate the widening of the gap between the rich and the poor, said Finance Minister Bishnu Prasad Poudel.

KATHMANDU, April 2: Finance Minister Bishnu Prasad Poudel has urged all government ministries to propose programs that can be implemented through the next fiscal year’s budget.

KATHMANDU, March 15: Chemical fertilizer factory based on natural gas technology can be established and operated in Nepal, a preliminary study committee for the establishment of a chemical fertilizer factory formed under the coordination of Finance Minister Bishnu Prasad Poudel said in its report.

KATHMANDU, Feb 5: Finance Minister Bishnu Prasad Poudel has instructed the newly-appointed officials at Beema Samiti to step up their efforts to resolve the problems in the insurance sector and prove their tenure to be a milestone for the insurance sector.

KATHMANDU, Feb 2: Finance Minister Bishnu Prasad Poudel has directed the Land Squatters’ Problem Resolution Commission to expedite the distribution of land ownership certificates to landless dalits and squatters.

KATHMANDU, Jan 10: Finance Minister Bishnu Prasad Poudel has urged the National Association of Rural Municipalities in Nepal and Municipal Association of Nepal to create an environment to increase capital expenditure at the local level.

KATHMANDU, Dec 12: Finance Minister Bishnu Poudel has said the government's efforts were underway to bring the vaccine against COVID-19 as soon as possible.

KATHMANDU, Nov 30: Minister for Finance Bishnu Prasad Poudel has allocated the entire budget under the Local Infrastructure Development Partnership Program for the development of health infrastructures this year.

KATHMANDU, Nov 30: Finance Minister Bishnu Prasad Poudel has said that the government will move forward hand in hand with the private sector.

KATHMANDU, Sept 6: Who will be the new finance minister is a question everyone has started asking after Yubaraj Khatiwada stepped down on Friday.

Finance Minister Khatiwada resigns

September 4, 2020 19:02 pm

KATHMANDU, Sept 4: Finance Minister Yubaraj Khatiwada has tendered resignation from his ministerial position.

KATHMANDU, June 18: Today's meeting of the National Assembly has endorsed the 'Appropriation Bill, 2077 BS' by majority votes. Minister for Finance Dr Yuba Raj Khatiwada had presented the bill along with a message from the House of Representatives at the meeting.

KATHMANDU, June 15: The government is having a cash crunch to manage its immediate liabilities due to a heavy fall in revenue collection during the nationwide lockdown that has almost stagnated businesses activities in the country.

KATHMANDU, June 9: Finance Minister Dr Yuba Raj Khatiwada has said that the budget for the upcoming fiscal year 2020/21 has not changed the customs duty and any other tax rates for the import of electric vehicles (EVs) to be used for public transport.

KATHMANDU, March 5: A day after he tendered his resignation as minister of finance as well as communications and information technology, Yuba Raj Khatiwada again took the oath of office and secrecy as finance minister amidst a special function held at Shital Niwas, Wednesday.

KATHMANDU, March 4: Dr Yubaraj Khatiwada who was re-appointed as the Minister for Finance earlier today took oath of office and secrecy in the afternoon.

KATHMANDU, March 4: Yubaraj Khatiwada was re-appointed Minister for Finance today, the Office of President stated in a press release.

KATHMANDU, Feb 20: President Bidya Devi Bhandari has designated Finance Minister Dr Yubaraj Khatiwada to also look after the Ministry of Communications and Information Technology.

KATHMANDU, Feb 11: The Inland Revenue Department on Tuesday introduced a new system, according to which, the consumers who make purchases through electronic means would be able to get a 10 percent rebate on the 13 percent VAT they have paid to the government.

BIRGUNJ, Jan 12: Finance Minister Yuba Raj Khatiwada has claimed an improvement in the economic sector of the country. Speaking at the 44th Annual General Meeting (AGM) of Birgunj Chamber of Commerce and Industries, Finance Minister Khatiwada said the country's economic growth country in the current fiscal year 2019/2020 will maintain 5% to 8%. According to Khatiwada, complains from local areas are decreasing which is the sign of improvement. Khatiwada said that the media reports about the government increasing the target of collecting revenue rather than making development in economic area is not true and the government focuses on creating investment friendly revenue collection.

KATHMANDU, Oct 16: Minister for Finance Yuba Raj Khatiwada, calling investments from non-resident Nepalis (NRNs), said Nepal was a greenfield for investment.

KATHMANDU, Oct 15: Finance Minister Dr Yubaraj Khatiwada left here for the USA on Tuesday in order to take part in the joint meeting of the World Bank Group and International Monetary Fund.

KATHMANDU, Aug 30: Finance Minister Dr Yubraj Khatiwada said that all should acquire a PAN card as it is as important as citizenship certificate.

KATHMANDU, Aug 21: Minister for Finance Dr Yubraj Khatiwada, and Chinese Ambassador to Nepal, Hou Yanqi, held a meeting on Wednesday.

KATHMANDU, Aug 14: Finance Minister Dr Yubraj Khatiwada told the United Arab Emirates (UAE) that Nepal holds a suitable atmosphere for investment.

KATHMANDU, August 4: Finance Minister Dr Yuba Raj Khatiwada on Sunday said the Ministry of Finance has prioritised the implementation of the fiscal federalism.