KATHMANDU, Nov 17: The government spent only 6.91 percent of the capital expenditure in the first four months of the current fiscal year.

KATHMANDU, Nov 16: The government collected capital gains tax on the share transaction worth Rs 715.85 million as of four months of the current fiscal year, which was just around 10 percent of the amount collected during the same period last year.

KATHMANDU, Nov 9: The government has fixed the support price of paddy at a maximum of Rs 3,128 per quintal, Rs 226 more than the price of last year.

KATHMANDU, Oct 29: The government has formed a Task Force to investigate the incident that took place in Mahottari district on Thursday.

KATHMANDU, OCT 18: The government spent only 5.17 percent of the capital expenditure in the first quarter of the current fiscal year, which ended on Monday.

KATHMANDU, Oct 14: The expenditure of Nepal’s federal government is projected to grow by more than five folds in the next 20 years.

KATHMANDU, Oct 12: Nepal will be receiving 30,000 tons of chemical fertilizers being imported through a G2G agreement with India by mid-November.

KATHMANDU, Oct 11: The government has fixed the price of bottled water at a maximum of Rs 16 per liter after a number of traders were found charging rampant prices for the bottled water.

KATHMANDU, September 24: Many traders are found to be involved in the market misconducts to receive undue benefits as the festivals are round the corner.

KATHMANDU, August 31: The government is considering increasing vigilance on the transactions of land and housing, suspecting the possibility of money laundering in such transactions.

KATHMANDU, August 28: Saying that some “fake” developers were holding licenses for hydropower projects worth some 1,600 MW but doing nothing in terms of power production, the government has said it will scrap such licenses as the developers have shown apathy to build these projects.

Automobile traders, who opened the Letters of Credit before April 26, are now allowed to import vehicles, costing Rs 9 billion in foreign currency reserves.

KATHMANDU, August 15: At a time when Nepali insurance companies are largely focused on expanding their business in Bagmati Province, the finance minister has reiterated the government’s priority to increase insurance accessibility in rural areas.

KATHMANDU, July 30: The government entities of Nepal and India signed an agreement to supply 827,000 tons of chemical fertilizers to Nepal in the next five years.

KATHMANDU, July 18: The government has decided to provide a loan of Rs 7 billion to Nepal Oil Corporation (NOC) to make the supply of petroleum products smooth.

KATHMANDU, July 16: The government spent mere 57.18 percent of the allocated development expenditure by Friday, the last official working day of the fiscal year 2021/22.

KATHMANDU, July 15: While the rice transplantation season has already begun, the government is just giving assurances to farmers to make adequate supply of chemical fertilizers instead of acting promptly to maintain the supply.

KATHMANDU, June 23: The government on Thursday officially launched the Sub-national Treasury Regulatory Application (SuTRA); an online portal-based financial management system, on Thursday.

KATHMANDU, June 8: The government collected Rs 11.03 billion in capital gains tax from the share market as of May-end of the current fiscal year.

KATHMANDU, May 24: The government is all set to announce yet another populist budget this year at a time when the country is struggling to improve its economic condition.

KATHMANDU, May 23: The government has utilized only one-third of the allocated budget under capital expenditure while the end of the current fiscal year is only two months away.

KATHMANDU, April 15: The government has spent only 27.45 percent of the capital budget allocated for the development projects as of the third-quarter of the current fiscal year that ends on Wednesday.

KATHMANDU, April 11: Minister for Industry, Commerce and Supplies Dilendra Prasad Badu has said that solutions to the problems of price increment of the petroleum products and its transport and supply would be resolved scientifically by prioritizing the interests of the consumers.

KATHMANDU, April 3: Home Minister Balkrishna Khand, also the Acting Prime Minister, has directed the authorities concerned to immediately fix the problems surfaced recently in the supplies of petroleum products.

KATHMANDU, March 29: Economists and experts have accused the Ministry of Finance (MoF), the pivotal government agency to look after the economic health of the country, of focusing on populist programs and acting as a revenue collection organ rather than solving the real problems of the economy.

KATHMANDU, March 22: Prime Minister Sher Bahadur Deuba on Tuesday directed the government bodies concerned to forward policies and programs that could help reduce the country’s widening trade deficit.

KATHMANDU, March 21: The Ministry of Finance (MoF) has received overwhelming demand for transferring Rs 368 billion under non-budgetary cash transfers from various government bodies, which has raised the concern over the fiscal discipline in the government mechanism.

The government has allocated Rs 146 billion for health infrastructures development in the current fiscal year. But the budget remains largely unspent even after six months of the current fiscal year.

KATHMANDU, Feb 20: The government has announced to provide up to 90 percent subsidy on the production of renewable energy in the area that is deprived of connectivity to the national grid.

KATHMANDU, Feb 13: Yak & Yeti Hotel Limited, in response to the government move to scrap the operating license, has said the hotel does not have any financial liabilities due to the government.

KATHMANDU, Jan 23: The government is mulling to raise the maximum limit on hard cash of Indian currency (IC) from existing INR 25,000 that can be exchanged by individuals traveling to India.

KATHMANDU, Dec 2: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has urged the government to simplify the policy and procedural difficulties in taxation.

KATHMANDU, Nov 25: The government has issued an order to remove legal obstacles and facilitate procurement of more than six million doses of Pfizer-BioNTech COVID-19 vaccines directly from the US manufacturer.

KATHMANDU, Oct 28: The government in association with the World Bank (WB) has launched the Nurturing Excellence in Higher Education Program (NEHEP). USD 60 million has been allocated for the program.

KATHMANDU, September 18: The government was able to spend 5.46 percent of its earmarked budget of Rs 1.64 trillion in the first two months of the current fiscal year.

KATHMANDU, August 19: Chairman of the CPN (Maoist Center),  Pushpa Kamal Dahal has maintained that the Cabinet will get its full shape as soon as the newly-registered party of Madhan Kumar Nepal, the CPN-UML (Socialist), gets approved by the Election Commission (EC).

KATHMANDU, August 1: The government has appointed Madhu Kumar Marasini as the Secretary of the Ministry of Finance.

KATHMANDU, July 31: The government has collected revenue worth Rs 26.46 billion in the first two weeks of the current fiscal year.

KATHMANDU, May 23: The Election Commission (EC) has suggested to the government to conduct the midterm elections announced for November 12 and November 19 in a single phase.

KATHMANDU, May 5: The CPN (Maoist Center) has officially withdrawn its support to the KP Oli-led government.

KATHMANDU, April 15: The Office of National Food Bank was inaugurated at New Baneshwar in the capital on Thursday. The food bank was established a few months ago under the slogan 'Sustainable Agriculture for Nutrient-Rich Food' in order to give priority to organic production.

KATHMANDU, March 30: The government is all set to raise the amount for allowance of senior citizens from the next fiscal year starting from July 16.

KATHMANDU, March 4: The government and the Netra Bikram Chand-led Communist Party of Nepal have reached a three-point agreement.

KATHMANDU, Feb 17: The Ministry of Health and Population (MoHP), a key body to address public health concerns, has not been proactive to share the detailed information about COVID-19 funds, its allocation and records of spending by different government bodies.

KATHMANDU, Jan 25: The government has been facing a massive rise in demand for non-budgetary funds for the preparation of mid-term elections and procurement of vaccines against COVID-19 along with the unhealthy competition to extend the institutional structures and more recruitment of staff.

KATHMANDU, Nov 10: In an effort to help the people impacted by coronavirus, the government, on Monday, launched telemedicine in all seven provinces.

KATHMANDU, Nov 2: As the government has decided not to bear the cost of PCR testing and COVID-19 treatment, a conflict has arisen between the local units and the National Public Health Laboratory (NPHL) over conducting PCR tests, resulting in delayed contact-tracing.

KATHMANDU, Oct 20: The Ministry of Health and Population (MoHP) has unveiled the terms and conditions for the people to obtain free COVID-19 treatment services from the government.

KATHMANDU, Oct 18: The government has decided not to bear the cost of treatment and PCR testing of COVID-19 patients effective from Sunday.

KATHMANDU, Oct 7: The government has urged people in Kathmandu Valley to be extra-cautious as the Valley is witnessing the alarming rise in COVID-19 cases.