KATHMANDU, Oct 15: Finance Minister Dr Prakash Sharan Mahat has said Nepal has its own economic policies and they may differ from those of donor agencies.

KATHMANDU, Aug 26: Chief Minister of Lumbini Province Dilli Bahadur Chaudhary has stressed the need for youth entrepreneurship to foster economic reform.

Morang, Aug 25: CPN-UML Chairman KP Sharma Oli has said it is urgent to combat smuggling to promote the nation's prestige and to advance towards economic prosperity.

KATHMANDU, July 19: Prime Minister Pushpa Kamal Dahal has said the construction of physical infrastructures was the first condition for the economic development of the country.

In case you missed them here are the major stories Republica covered in the past 24 hours.

The coronavirus COVID -19 pandemic is the defining global health crisis of our time. Cases are rising daily in Africa, the Americas, and Europe. It also has the potential to create devastating social, economic, and political crises that will leave deep scars around the world. Nepal is starting to suffer the most abrupt and widespread cessation of economic activity. The impact has already started and will only worsen in the coming days.

The human dimensions of the COVID-19 pandemic reach far beyond the critical health response. All aspects of our future—economic, social and developmental—will be affected. Our response must be urgent, coordinated and on a global scale, and should immediately deliver help to those most in need.

The rising economic clout of China and India as the next door neighbors could be a blessing for socio-economic transformation of Nepal if Nepal can maintain a balanced foreign policy and constructive engagement. One of the major challenges faced in overall socio-economic development of the country is the modernization and expansion of physical infrastructures like energy, transport and border facilities which requires huge amount of financial resources and technologies suited to the fragile ecosystem and rugged terrain of the young mountains.

BEIRUT – A new wave of revolts is shaking the Arab world, with Lebanon and Iraq now joining Sudan and Algeria. Recent mass protests in each country have mobilized millions of people from all walks of life, all of whom are angry over the deterioration of economic conditions, which is seen as being exacerbated by mismanagement and poor governance.

KATHMANDU, Sept 18: The meeting of the National Assembly (NA) on Wednesday unanimously passed three bills- 'Safeguards, Anti-dumping and Countervailing Bill-2075, 'Industrial Enterprises Bill-2075' and 'Economic Procedure and Financial Accountability Bill-2075'.

What do we actually mean by “progress”? How should it be measured and monitored, and who experiences it?

In a networked world, where the power of economic coercion depends on specific webs of connections, the networks themselves are a valuable resource

Oli made satirical remarks, talked big about projects, two-digit economic growth and prosperity in 2016 too but people did not call him a joker then because they trusted him

Beyond specific conditions such as the narrowness of the trail, Everest’s overcrowding problem is not so different from many other economic and social challenges that policymakers confront

Empty rhetoric that ignores economic reality and common sense will not help the planet

KATHMANDU, April 9: The World Bank has pointed out five major risks to the economic outlook of Nepal including reform implementation constraints and vulnerability to natural disasters.

KATHMANDU, March 12: Experts from India, Bangladesh, Nepal and Sri Lanka on Tuesday highlighted contemporary security and economic challenges in the Indo-Pacific region.

KATHMANDU, March 6: If the proverb ‘morning shows the day’ is anything to go by, Nepal’s economic performance will remain average over next four years as there was no sign of improvement in key economic indicators over the first year of the incumbent government.

KATHMANDU, March 1: Small Farmers’ Summit 2019 kicked off in Kathmandu on Thursday, putting a spotlight on the contribution of small farmers in economic development and poverty alleviation of the country.

KATHMANDU, Feb 9: Revising its ‘blanket’ reservations policy, the government has come up with new provisions granting reservation privileges on the basis of economic and social status to candidates belonging to various marginalized communities.

KATHMANDU, Jan 24: Nepal Entrepreneurship Summit 2019 will be held on February 14 in Kathmandu. Organizing a press meet, Confederation of Nepalese Industries (CNI), jointly with Bishal Media Group (BMG), announced that the event with the theme of “Federal Nepal: Opportunities for Investment and Growth” will aim to improve the entrepreneurship landscape in the country. The event is supported by Ministry of Finance and Ministry of Industry, Commerce, and Supplies.

KATHMANDU, Dec 6: Main opposition Nepali Congress (NC) has accused the ruling Nepal Communist Party (NCP) government of pushing the country toward an economic crisis.

When economics becomes a tool for enhancing president’s personal power, the economy pays the price

KATHMANDU, July 19: A senior official of Nepal Rastra Bank (NRB) has said that central bank put economic growth in priority while preparing Monetary Policy for Fiscal Year 2018/19.

The communist transformation of Nepal enters its final phase with a battle against the concentration of wealth and private sector businesses

KATHMANDU, July 5: ​FINLIT Nepal has been awarded with the Economic Citizenship Award 2018.

KATHMANDU, June 17: Prime Minister KP Sharma Oli's China visit is expected to take the country's economic sector to a new height by strengthening mutual relations between the two countries.

KATHMANDU, June 15: Province 3 has the highest per capita income with people here earning an average US$ 1,534 annually while Province 7 has the lowest per capita income of $660, shows a recent statistics prepared by Nepal Rastra Bank (NRB).

KATHMANDU, May 27: Finance Minister Dr Yuba Raj Khatiwada presented the economic survey of the current fiscal year and annual status review of public enterprises in the meeting.

KATHMANDU, May 27: Finance Minister Dr Yuba Raj Khatiwada presented the economic survey of the current fiscal year and annual status review of public enterprises in the meeting.

KATHMANDU, May 13: The government has been advised to bring budget for the upcoming fiscal by addressing people's aspirations for development and economic prosperity.

ATHMANDU, May 10: Naya Shakti Party coordinator Dr Baburam Bhattarai today said the upcoming budget should prioritize country's economic development.

KATHMANDU May 10: Krishna Bahadur Mahara, the speaker of House of Representative, has said that he will draw the attention of the government toward the need to bring necessary revision in existing laws and policies to usher in economic prosperity.

KATHMANDU, May 9: CPN (Maoist Center)'s chair Pushpa Kamal Dahal 'Prachanda' has said the party has focused its energy and strength entirely on attaining economic development in the country.

KATHMANDU, May 4: Economic expert Sujeev Shakya has come up with an analytical comment on Nepal's economic history and current financial trends in his new book, 'Arthat Arthatantra’.

Sunsari Chamber of Commerce and Industry, Dharan is organizing a skill development training for locals of Dharan. Women Entrepreneur Management is managing the training session that began on April 7. As many as 30 people—24 women and six men—are taking the skill development training. They are creating different handicraft items made of bamboo such as pen holder, photo frame, wall clock, make-up box, fan, tray among others.

KATHMANDU, April 25: The economic growth rate is projected to be 5.89 per cent in the current fiscal year.

KATHMANDU, April 25: The National Economic Census is conducted by the Central Bureau of Statistics will cost approximately Rs 400 million.

KATHMANDU, April 14: The 'First National Economic Census-2075 has been initiated from today.

First economic census to give complete picture of Nepal’s economy

I woke up early in the morning and saw our honorable Prime Minister KP Sharma Oli addressing a business meeting in India. He talked about the investment prospects and also mentioned that Nepal was a virgin land for any kind of investment. Such inspiring speech may give goose bumps to the Nepali people. But, the ground reality is that we are not yet strong enough and competent, which makes us incompetent in terms of attracting foreign investments. Economic development by modern practices is the necessity our times.

KATHMANDU, April 10: The Nepali Congress (NC) has taken strong exception to the white paper unveiled by Finance Minister Yuba Raj Khatiwada, arguing that the document offers an incomplete and distorted picture of the country's economic situation.

KATHMANDU, April 7: President of India, Ram Nath Kovind said that India was willing to expand cooperation that was in line with Nepal’s priorities to ensure stability and economic prosperity in the Himalayan nation.

KATHMANDU, April 7: Prime Minister KP Sharma Oli was conferred the guard of honor at the Presidential house in New Delhi, India.  Upon receiving the guard of honor, the prime minister shared that “friendship was most important and there would be no compromises with friends.”

KATHMANDU, April 3: Finance Minister Yubaraj Khatiwada has hinted that the nation is facing a critical phase in near future.

KATHMANDU, April 3: With the aim to support the Central Bureau of Statistics (CBS) to carry out the first-ever National Economic Census scheduled for next month, Japan International Cooperation Agency (JICA) has provided necessary logistics worth Rs 95.1 million to the CBS.

BIRATNAGAR, April 1: The Central Bureau of Statistics in collaboration with the district statistics offices (DSO) has started economic census in all 77 districts of the country for the first time with an aim of studying the actual economic status of the nation.

WASHINGTON, Mar 11: Things had been going along so nicely.

KATHMANDU, March 7: The government on Wednesday revised the economic growth target down to 6 percent for the current fiscal year 2017/18 from the initial target of 7.2 percent.

KATHMANDU, Mar 7: Minister for Finance, Yubaraj Khatiwada, is planning to issue white paper to make public the current economic position of the country and the measures that the government plan to take to deal with the ongoing economic and financial challenges.