KATHMANDU, May 29: The government’s public debt has reached Rs 1.848 trillion as of mid-March this year, with the government relying more and more on borrowing to meet its financial liabilities due to low revenue collection amid soaring expenditure.
KATHMANDU, May 29: The government has projected high economic growth rate for the current fiscal year driven mainly by agricultural productions. However, statistics of livestock production released by the Ministry of Finance has been found questionable.
KATHMANDU, May 28: The growth rate of the health sector in the current fiscal year 2075-76 BS (2018-19) is expected to remain at 6.7 percent in comparison to 6.3 percent of the previous fiscal year. This is stated in the government economic survey report, till the month of Fagun ( mid-March) of the current fiscal year, unveiled Monday.
KATHMANDU, May 28: Economic prosperity and progress were the buzzwords since the current government came into office in February last year. But the economic survey for its first year unveiled on Monday shows nothing encouraging.