KATHMANDU, July 17: The balance of payment (BoP) position of the country has slightly improved in the eleventh month of the current Fiscal Year 2017/18, but still remains on the negative side. According to the Nepal Rastra Bank (NRB), the overall BoP turned into a deficit of Rs 4.34 billion in the eleventh month of the current Fiscal Year 2017/18 that ends on Tuesday. The deficit was Rs 18.9 billion in the tenth month.
KATHMANDU, May 18: Both current account and balance of payment (BoP) of the country slipped into deficit in the third quarter of the current fiscal year 2017/18, posing risk to external sector stability.
KATHMANDU, April 13: The external sector of the country seems to be worsening as both current account and balance of payment (BoP) positions of the country have slipped into deficits in the eight months of the current fiscal year 2017/18.
KATHMANDU, March 19: Consumer price inflation has accelerated to 5.0 percent in mid-February 2018 from 3.3 percent recorded in mid-February 2017, Nepal Rastra Bank (NRB), the central bank, stated in its report entitled 'Current Macroeconomic and Financial Situation of Nepal' released on Monday.
KATHMANDU, Feb 13: Nepal's balance of payment (BoP) slipped into a deficit of Rs 6.66 billion in the first six months of Fiscal Year 2017/18, meaning that outflow of money from the country is higher than what the country is earning.
KATHMANDU, Jan 19: Both Balance of Payment (BoP) and Current Account positions of the country slipped into deficit in the first five months of the current fiscal year 2017/18 amid widening trade imbalance of the country.
KATHMANDU, Dec 25: Negative growth in remittance coupled with continuous increment in import bills resulted in current account deficit of Rs 25.8 billion in the first four months of Fiscal Year 2017/18 ending mid-October, according to Nepal Rastra Bank.
KATHMANDU, Nov 9: Coordinator of Nepali Congress (NC) Election Mobilization Committee Bal Krishna Khand has claimed that NC would get easily get majority seats in the upcoming parliamentary and provincial assembly polls.
KATHMANDU, Oct 30: Rise in import bill and slow export growth coupled with stagnation in remittances have resulted in current account deficit of Rs 17.88 billion in the first two months of the current fiscal year 2017/18.
KATHMANDU, Sept 23: Current account and balance of payment (BoP) of the country slipped into deficit in the first month of the current fiscal year 2017/18, aggravating the country's external sector vulnerabilities.
POKHARA, May 10: Nepali Congress central member and Health Minister, Gagan Thapa, has claimed that responsibility of finding an outlet to the country from the existing confusion by enforcing the constitution has come upon the shoulders of the Nepali Congress.
KATHMANDU, Jan 4: The Ministry of Federal Affairs and Local Development has allocated budget to various municipalities across the country to install the solar street lights in the respective locality in the current fiscal year. The installation will take place on the people's participation approach model.
KATHMANDU, Jan 2: Naya Shakti Party Coordinator Dr Baburam Bhattarai has said that the current political imbroglio will get an outlet once the major political parties strike a deal on power sharing, claiming that they have no differences on major political