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, June 10: The budget deficit of the Government has increased to Rs. 138.23 billion in ten months of 2017/18 from a deficit of Rs. 0.51 billion in the corresponding period of the previous year.
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, 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, Dec 24: Total trade deficit of the country jumped 11.86 percent in the first quadrimester of the current Fiscal Year 2017/18 as imports continue to climb at a faster rate amid a sluggish growth of exports.
KATHMANDU, Nov 30: Alarmed by indicators such as whopping growth imports, slowdown in remittance growth, and downward trend of revenue collection on several products, the government’s chief revenue officer fears that the country is on the verge of financial crisis.
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.
MANCHESTER, March 16: Monaco swept into the Champions League quarter-finals and left Manchester City to pick up the pieces of another failed European campaign after a 3-1 victory on Wednesday sent them through on away goals.
BARCELONA, Dec 19: Lionel Messi produced a vintage second-half performance to help Barcelona to a 4-1 win over local rivals Espanyol on Sunday which saw the champions cut the gap on La Liga leaders Real Madrid to three points.
KATHMANDU, June 10: Sanepa Club moved to the fourth positions in Group A beating Nawa Jyoti Yuva Pariwar 3-2 in the Martyr's Memorial C Division Football League at the ANFA Complex, Satdobato on Friday. Similarly, Khalibari Youth Club recorded its first victory in Group B.
In Group A match, Nava Jyoti took early lead as Uttam Bahadur Mahato scored in 23rd minute and doubled the advantage in 29th minute.