KATHMANDU, Aug 31: Minister for Finance Yuba Raj Khatiwada has defended the provision in the new Foreign Investment and Technology Transfer Act (FITTA) to remove loan from the components of Foreign Direct Investment (FDI).
KATHMANDU, May 11: Commercial banks have posted an impressive profit growth in the third quarter of the current fiscal year – FY2018/19 even when they have been grappling with shortage of lendable funds.
KATHMANDU, Nov 19: Minister for Finance, Yuba Raj Khatiwada, has said that Nepal should not be skeptic of China's Belt and Road Initiative (BRI), claiming that it creates a win-win situation for all the nations involved.
RAMECHHAP, Nov 17: Finance Minister Yuba Raj Khatiwada and Chief Executive Officer of National Reconstruction Authority (NRA) Sushil Gyawali visited the Majhi settlement of Ramechhap along with external donors on Friday.
KATHMANDU, Nov 7: The much-hyped online stock trading system has come into full-fledged operation.
Minister for Finance, Yuba Raj Khatiwada, launched the Nepse Automated Online Trading System (NOTS) on Tuesday, allowing investors in the country's only secondary market to carry out securities trading online.
KATHMANDU, Oct 9: The government has given a five-day ultimatum to sugar producers to clear their outstanding dues to sugarcane farmers. A joint meeting of ministers of five different ministries has decided to take legal action against those sugar producers who fail to pay their dues to sugarcane farmers within five days.
KATHMANDU, Sept 12: Minister for Finance Yuba Raj Khatiwada has urged people to not buy cars from bank credit. Speaking at the inaugural ceremony of ‘NADA Auto Show-2018’ in Kathmandu on Tuesday, Khatiwada said that the car purchase should be from earnings rather than bank loans.
KATHMANDU, Aug 30: Minister for Finance Yuba Raj Khatiwada has urged one and all to show patience, saying that it would take some time for management of fiscal federalism. He also said it won’t be wise to expect results from budget for the Fiscal Year 2018/19 now, as the second month of the fiscal year has just begun.