NAC earns Rs 22.24 billion in FY 2022/23

December 19, 2023 18:30 pm

KATHMANDU, Dec 19: Nepal Airlines Corporation (NAC) has reported an annual income of Rs 22.24 billion in the fiscal year (FY) 2022/23.

KATHMANDU, August 2: Criminal activities have increased in the country lately. Over 100,000 incidents of various crimes took place in the past two years, according to the Nepal Police Headquarters.

KATHMANDU, Aug 5: The Securities Board of Nepal (Sebon) approved primary shares worth Rs 20.78 billion, of 21 companies, in the last Fiscal Year 2017/18. The capital market regulator allowed the companies to issue a total 192.88 million units of share.

KATHMANDU, Aug 4: The Ministry of Culture, Tourism and Civil Aviation (MoCTCA) has plans to identify and develop 100 new tourist destinations across the country in the current Fiscal Year 2018/19.

KATHMANDU, July 28: The Ministry of Finance (MoF) has transferred Rs 3.66 billion from the government coffers so far in the final month of the Fiscal Year 2017/18. A total of Rs 1.66 billion, the highest amount in single transfer, has been allotted for paying to conflict victims and their families. According to the information of budget transfer made public in the MoF website, the Ministry of Home Affairs is to distribute the amount, ensuring no duplication on such distribution.

KATHAMNDU, June 15: All seven federal provinces have tabled their budgets and programs for the next fiscal year in their respective provincial assemblies. Province 3 has the highest budget amount of Rs 35.61 billion while Gandak Province has tabled a budget of Rs 24.02 billion, the lowest.

KATHMANDU, May 31: Discussion on the budget presented by the government for fiscal year 2018/19 has begun in the House of Representatives from today.

Experts take on budget fy2018/19

May 30, 2018 10:06 am

budget fy2018/19

KATHMANDU, April 29: A total of 795 cases of rape have been registered so far in the current fiscal year, according to Nepal Police.

KATHMANDU, March 19: Consumer price inflation has accelerated to 5.0 percent in mid-February 2018 from 3.3 percent recorded in mid-February 2017, Nepal Rastra Bank (NRB), the central bank, stated in its report entitled 'Current Macroeconomic and Financial Situation of Nepal' released on Monday.

KATHMANDU, Feb 17: Twenty-two new hydropower plants, mostly medium- and small-sized, will begin generating electricity within this fiscal year. The combined installed capacity of these plants is 214 MW.

KATHMANDU, Feb 15: Foreign Direct Investment (FDI) flow in the first six months of FY2017/18 nearly doubled to Rs 14.33 billion compared to Rs 7.9 billion in the first half of the last fiscal year, a recent data of Nepal Rastra Bank (NRB) shows.

BIRGUNJ, Jan 27: Along with increase in import of vehicles set to hit the road as public vehicles, the import of small vehicles such as three-wheeler auto-rickshaws has also increased. The first half of the Fiscal Year 2017/18 saw import of more than 5,000 auto-rickshaws, which is nearly twice the volume of import compared to FY2016/17.

KATHMANDU, Nov 28: The board of directors of Civil Aviation Authority of Nepal (CAAN) has approved annual budget of Rs 43.66 billion for the aviation sector regulator, four years after the new fiscal year kicked off.

KATHMANDU, Nov 28: Contractors handling small road projects in several towns and rural areas are yet to receive payments for works completed in the last fiscal year. Some have not received payments for multi-year projects completed in the current fiscal year.

KATHMANDU, Sept 3: The Securities Board of Nepal (Sebon) is preparing to make permanent account number (PAN) card mandatory for investors in the stock market.

BUTWAL, September 3: Butwal Sub-Metropolitan City has published a budget of Rs 1.633 billion for the Fiscal Year 2017/18. The municipal council held from August 16-27 passed the budget for FY 2017/18. Mayor Shivaraj Subedi published the budget.

FY2016/17 imports near trillion rupees

August 22, 2017 02:51 am

KATHMANDU, Aug 21: The gap between import and export figures is widening with each fiscal year even though import substitution is stated as a priority program in every fiscal policy and periodic plan of the government.

KATHMANDU, Aug 8: International non-governmental organizations (INGOs) operating in Nepal plan to spend nearly Rs 23 billion in technical and other assistance in the current fiscal year, 2017-18.

KATHMANDU, July 20: Foreign investment worth Rs 15.17 billion has entered industry sector of the country in the fiscal year 2016\17, according to the Department of Industry (DoI).


Rs 46b spent on last 3 days of FY

July 16, 2017 02:30 am

KATHMANDU, July 15: The government has paid out Rs 46 billion in just three days (Thursday to Saturday), according to spending records at the Financial Comptroller General's Office (FCGO) updated at 6:39 p.m. on Saturday.  The eleventh-hour bulk payments raised misgivings about the possibility of irregularity and misappropriation. Interestingly, the daily budgetary status was  held up for about an hour and was put up again only at 6:39 p.m.

KATHMANDU, July 13: Most government offices across the country are found to be engaging in massive irregularities in recurrent expenditure as the end of the fiscal year approaches.

KATHMANDU, July 9: Nepal Rastra Bank (NRB) today publicized a monetary policy for the fiscal year 2074\75 BS amid a program in the Capital.

KATHMANDU, June 29: The government has set a target of producing 5.4 million tons of paddy this season.

KATHMANDU, May 29: The government has presented Rs 1278.99 billion  budget for the Fiscal Year 2017/18 in parliament on Monday.

KATHMANDU, May 21: The government endorsed its policy and programs and policies for the fiscal year 2017/18 on Sunday.

KATHMANDU, May 11: Growth has rebounded strongly in Nepal and has reached 7.5 percent, market price, in FY2017. According to the World Bank’s latest Nepal Development Update This is the highest growth rate since 1994, and is a result, in part, of the low growth in the previous year; one of the best monsoons in recent years; increased availability of electricity; and greater investment as the earthquake reconstruction gathered speed.

KATHMANDU, May 11: Nepal Rastra Bank (NRB) destroyed damaged banknotes worth Rs 26.28 billion in the last fiscal year 2015/16.

KMC proposes Rs 5.4 billion for next FY

January 10, 2017 00:10 am

KATHMANDU, Jan 10: The 29th Municipal Council meeting of the Kathmandu Metropolitan City (KMC) has proposed Rs 5.4 billion budget for the next fiscal year (FY) 2017-18.

KATHMANDU, Dec 14: A total of 17 political parties have submitted details of their annual income and expenditure of the fiscal year 2072\073 to the Election Commission (EC).

KATHMANDU, Aug 17: The Department of Immigration on Tuesday stated that it issued 163,518 visas in the FY 2015/016. Majority of those were tourist visas, a few were business visas and others were non-tourist visas.

KATHMANDU, Aug 17: The government filed cases against 206 business firms in Fiscal Year 2015/16, charging them of selling sub-standard food products.

BIRGUNJ, July 27: Import of major commodities through Birgunj customs fell drastically in Fiscal Year 2015/16.

KATHMANDU, July 19: The Kathmandu Metropolitan City (KMC) has collected around Rs 8.52 million in revenue as fees from people entering Ratna Park in the last 2015/16 fiscal year.

KATHMANDU, June 26: Government expenditure, which was sluggish till the 11th month of the fiscal year, is gaining momentum in the final month of the fiscal year.