KATHMANDU, Oct 19: The government took borrowing worth Rs 106.78 billion in the first three months of the current fiscal year.

KATHMANDU, July 20: Nepal Airlines Corporation (NAC) has paid off a substantial debt of almost four billion rupees, including interest and loans, within a single fiscal year.

KATHMANDU, April 24: The government of Nepal is going to mobilize Rs 20 billion of internal debt through treasury bills on Monday. Nepal Rastra Bank (NRB) is going to issue treasury bills worth Rs 28.6 billion on Monday.

KATHMANDU, March 7 :The country's public debt is increasing every year. By mid-February of the current fiscal year (FY 2022/23), the debt liability of the government has reached about Rs 2 trillion. Experts have said that the country's economy has become more challenging due to the increasing debt obligations.

Can Nepal Avoid the Debt Trap?

December 17, 2022 08:00 am

Many of the so-called ‘projects of national pride’ are being executed through foreign assistance with considerable loan amounts. All these projects are important, however, there are abnormal cost increases in most projects due to unending deadline extensions and low rates of return have increased Nepal’s debt burden. The Melamchi Drinking Water Project, Pokhara Regional International Airport, and Sikta and Babai irrigation projects are some examples of high-debt burdens.

KATHMANDU, May 9: The government is raising Rs 86 billion in domestic debt in the last quarter of the current fiscal year – FY2018/19, departing from the practice of mobilizing internal loans in multiple phases by publishing calendar typically at the beginning of a fiscal year.

AMMAN, April 8: Li Chengwen, ambassador for China-Arab States Cooperation Forum Affairs of China's Foreign Ministry, refuted on Sunday the criticism that China's Belt and Road Initiative (BRI) will create so-called "debt trap" for some participating countries.

March 19: Shares of Anil Ambani-led Reliance Communications Ltd (RCom) were locked in the upper circuit on Tuesday after his elder brother Mukesh Ambani helped pay off debt owed to Sweden’s Ericsson.

CAMBODIA, Jan 2: Bopha should be in school but instead toils seven days a week in a searing brick kiln on the outskirts of Phnom Penh -- a 14-year-old trapped in debt bondage in a boom industry preying on the poverty of Cambodia's farmers.

Avoiding debt trap

June 20, 2018 00:30 am

China seeks to break Indian monopoly in Nepal on hydropower and other infrastructure development projects

The tangled web of debt

June 15, 2018 09:40 am

Neighbors and earthquake victims of Jaffe, VDC 3, in the Tamakoshi area of Dolakha, Astha Magar and Kumar Karki had just returned from a planned trip to Sindhuli. The purpose of their travel was to purchase the required raw materials to continue their houses’ reconstruction process. Both of them were keen to keep its momentum and, thus, had also pooled all their money.

KATHMANDU, Jun 3: Nepali Congress lawmaker Pradip Giri has made a mockery of the Prime Minister’s high-sounding yet fanciful rhetoric that involves building waterways and railways in the country.

Per capita debt up by Rs 2,114

April 23, 2018 16:22 pm

KATHMANDU, April 23: Per capita debt of Nepalis has increased by Rs 2,114 in the fiscal year 2016/17.

SIRAHA, March 23: Three months ago, Rebati Saday of Lahan-1 used her ring as collateral to obtain loan from her landlord for constructing toilet in front of her dilapidated hut. Unfortunately, she had to stall the construction of her toilet in lack of adequate money. She wandered from place to place seeking loan but to no avail. No one is ready to trust her.

DHADING, Feb 28: Even as winter is finally nearing its end, earthquake victims without homes are not yet breathing any sigh of relief. Those without shelter are already starting to worry about the next monsoon season.

Mired in debt from birth till death

February 19, 2018 04:00 am

SIRAHA, Feb 19: There is a row of thatched huts in an unregistered plot of land just beside the road in Dhangadhimai Municipality-3 of Siraha district.  Sukani Saday and her family have been living in one of the huts.

KHOTANG, Feb 18: Leaving behind family and friends, they had departed Tribhuwan International Airport (TIA) with dreams of big fortunes. But they have returned barely alive and heavily in debt after paying huge ransoms to their kidnappers.

SAN FRANCISCO, August 27: Government spending in a recession can boost a country’s economy without permanently bloating its public debt, even if the debt is already quite large, researchers told an influential group of central bankers in Jackson, Wyoming, on Saturday.

Greece approaches debt crunch point

KATHMANDU, Sept 29: Today's meeting of the Council of Ministers decided to table the Bill to Mobilize National Debt in the Legislature-Parliament.

HARKATTI, July 8: Nitu Devi Mandal is one of the target women of the Golden Thousand Days (Sunaula Hazar Din) project, which is being implemented in Siraha district. When she was pregnant, the local project management team recorded her name as one of the project beneficiaries.

Nepal Oil Corporation will not distribute bonus for previous year: Supplies Secretary