KATHMANDU, June 25: The Pokhara Metropolis has outlined its plans in the policies and programs for the upcoming fiscal year 2023/24, highlighting its intention to facilitate the opening of Pokhara’s Lakeside round the clock.
KATHMANDU, June 15: The subject of exploring the potential for the cultivation of cannabis, which is internationally known as ‘green gold’, has been included in the budget for the next fiscal year (FY 2023/24). However, amending the national laws to achieve this goal is not enough as the government has to abide by the international conventions as well.
KATHMANDU, June 15: The Bagmati Provincial Assembly is scheduled to hold a meeting today at 2 PM. In the meeting, Minister for Economic Affairs and Planning of Bagmati Province, Bahadur Singh Lama, will table the survey proposal of revenue and expenditure for the upcoming fiscal year 2023/24.
KATHMANDU, April 9: The government is currently preparing the budget for the upcoming fiscal year 2080/81. At the same time, the Ministry of Finance has asked for open suggestions on matters related to the budget.
BUTWAL, August 2: Bhairahawa Customs, the second largest in the country, has collected 10 percent less revenue than the target this time. In the last fiscal year 2078/79, the office collected over Rs 115 billion in revenue. This amount is 90.94 percent of the revenue collection target set for the office in the last fiscal year.
KATHMANDU, July 15: The Foreign Employment Tribunal has settled the highest number of cases in the current fiscal year since its establishment in 2066 BS. The tribunal settled 73.46 percent of the cases during this fiscal year.
KATHMANDU, June 20: Discussion on Appropriation Bill 2079 BS will continue in the National Assembly on Tuesday. The National Assembly today discussed various topics related to law, justice and parliamentary affairs, youth and sports, forest and environment, labor employment and social security, urban development, women and children and senior citizens and agriculture and livestock development.
KATHMANDU, May 26: The National Assembly has begun deliberations on the government’s policies and programs for the upcoming fiscal year 2022/23. The policies and programs for the new fiscal year were presented by President Bidya Devi Bhandari before a joint session of the Federal Parliament on May 24.
KATHMANDU, May 11: The government is scheduled to present its Policies and Programs for the upcoming fiscal year 2022/23 in parliament on May 21. President Bidya Devi Bhandari has called a parliamentary session on May 17.
No miracle is going to happen in our historic trend of low capital expenditure this year, too. Same as ever, we will see a huge portion of the expenses being made in the last month of this fiscal year too (Asare Bikas accounting for almost 30% of capital expenditure).
KATHMANDU, May 15: As President Bidya Devi Bhandari is unveiling the government's policies and programs for the upcoming fiscal year 2020/21 later today, many are waiting curiously to see how the head of state presents herself in parliament this time.
BHAIRHAWA, July 31: Eighteen Nepalis in Rupandehi district renounced their citizenship in the last fiscal year 2018/19. According to the acting CDO of Rupandehi, Bharat Kumar Sharma, they gave up Nepali citizenship in order to acquire the citizenship of other countries.
KATHMANDU, July 25: Nepal Rastra Bank (NRB) has introduced its monetary policy for the new fiscal year 2019/20, focusing on making liquidity management more efficient and maintaining interest rate stability.
KATHMANDU, July 17: Minister for Communication and Information Technology Gokul Prasad Baskota has directed all departments and offices under the ministry to work to meet the target announced by the government.
KATHMANDU, July 5: Over 40 new 'smart' public toilets are to be built across Kathmandu by the end of the upcoming fiscal year, while those currently in operation will get a facelift, according to Kathmandu Metropolitan City (KMC) office.
KATHMANDU, June 26: Local governments across the country have unveiled their annual budgets for the next fiscal year, their second budgets since they came into existence following the 2017 local elections.
KATHMANDU, June 20: The external sector position of the country continues to deteriorate in the tenth month of the current Fiscal Year 2018/19 with the balance of payment (BoP) slipping into a deficit of Rs 68.2 billion.
May 31: The budget unveiled Wednesday for the fiscal year 2019/20 has drawn a mixed reaction from the seven provinces. Some provinces have welcomed the budget for allocating funds for projects prioritized by the provincial governments while others have criticized it for failing to introduce any new programs or to understand the needs of the respective provinces.
KATHMANDU, May 30: The government has unveiled a budget of Rs 1.53 trillion for the upcoming fiscal year 2019/20 without introducing any notable new development project while raising the rates of major taxes and increasing allocations for distributive programs.
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.
KATHMANDU, May 25: Like his predecessors, Minister for Finance Yuba Raj Khatiwada said he had focused on ‘growth of real sector including manufacturing’ and ‘high priority on production’ when he unveiled the budget for the current fiscal year in May last year.
KATHMANDU, May 15: Minister for Finance Yuba Raj Khatiwada has said that the current government will not have any excuse to justify its failure to meet capital expenditure target set in the budget for the upcoming fiscal year.