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.

KATHMANDU, May 12: After President Bidya Devi Bhandari presented the government’s policies and programs for Fiscal Year 2019/20 in parliament on May 4, it was found that the government’s policy for the country’s film industry is concerned only about foreign filmmakers.

BANKE, May 11: Rice worth over Rs 5 billion was imported via Nepalgunj checkpoint till April 13 of the current fiscal year. A total of 97,732 metric tonnes of rice was imported till April 13 from the beginning of the current fiscal year.

KATHMANDU, May 4: Unveiling the government’s policy and program for the upcoming fiscal year 2019/20 on Friday, President Bidya Bhandari made a claim on post-earthquake recovery contradicting the plan of the National Reconstruction Authority (NRA).

BALEWA, May 2: Local governments based in Baglung district have started consultations with stakeholders in course of the formulation of policy and budget for upcoming year.

BIRATNAGAR, April 18: Nepal Rastra Bank (NRB) Governor Chiranjibi Nepal has said that the economy will grow by more than 7 percent this fiscal year.

KATHMANDU, April 17: Tribhuvan University, the country's oldest public university, has arrears amounting to over Rs 21.12 billion to be cleared in the two fiscal years, fiscal year 2017/18 and current fiscal year 2018/19, according to a report made public by the Office of the Auditor General.

KATHMANDU, Jan 22: Kathmandu Metropolitan City (KMC) will be building only two sky bridges in the capital this fiscal year though it had allocated budget for the construction of three such bridges in order to control the increasing accidents caused by jaywalking and unavailability of safer mediums to cross the roads.

KATHMANDU, Jan 16: The government’s performance in terms of boosting capital expenditure did not improve much in the first half of the current fiscal year in comparison to the same period of the previous fiscal year – FY2017/18.

KATHMANDU, Jan 11: The World Bank has made an upward revision of Nepal’s economic growth projection to 5.9 percent in the current Fiscal Year 2018/19, up from its earlier forecast of 4.5 percent in June 2018.

KATHMANDU, Nov 21: The government has made the first quarterly review of the policy and programs of the current fiscal year, where it found no basis to be satisfied with the capital expenditure.

GORKHA, Nov 1: The blacktopping of Abukhaireni-Gorkha road was intensified just a few weeks before the end of the last fiscal year just to ensure that the budget allocated by the government would not freeze.

KATHMANDU, Oct. 25: The Ministry of Water Supply has sent separate teams comprising three members in each in all seven provinces to monitor the shifting of the budget in the fiscal year 2074/075 BS.

FDI pledges down by Rs 1.5 billion

October 14, 2018 07:31 am

KATHMANDU, Oct 14: Foreign Direct Investment (FDI) commitment to Nepal has fallen over the first two and half months of the current fiscal year.