KATHMANDU, Jan 20: A secretary of the Prime Minister's Office (PMO) will head the national coordination committee on anti-money laundering activities and preventing terrorism financing if a provision in Some Nepal Acts Amendment Bill 2018 is approved as it is by the parliament.

KATHMANDU, Dec 7: The government has formed a high-level committee under Nepal Rastra Bank (NRB) Deputy Governor Shiva Raj Shrestha to look into the overall trend of monetary and capital market in recent time and recommend to the government suggestions for maintaining financial stability and addressing problems related to investment for industrial sector and capital market.

KATHMANDU, Dec 1: Minister for Finance Yuba Raj Khatiwada has said that the World Bank needs to revise the basis and methodology of its Doing Business country rankings.

KATHMANDU, Nov 20: Despite failure to boost spending of allocated budget, most of the ministries have been demanding billions of rupees in off-budget funding from the Ministry for Finance (MoF).

KATHMANDU, Sept 11: The Minister of Finance, Dr. Yubraj Khatiwada's speech while inaugurating the 2018 NADA Auto Show caught everyone off guard. Inaugurating the NADA Auto Show, a yearly exhibition of vehicles, including new ones, Khatiwada not just urged every one to reduce vehicle imports, he also had a tip to potential buyers: Don't buy vehicles by auto loans.

KATHMANDU, Feb 20: Overturning former Prime Minister’s recommendations of National Assembly members, Prime Minister KP Sharma Oli has proposed Yubaraj Khatiwada, Ramnarayan Bidari and Bimala Paudel Rai in today’s cabinet meeting, a source said.

KATHMANDU, Feb 7: The Ministry of Finance (MoF) and the Embassy of Republic of Korea have signed a Memorandum of Understanding (MoU) for a project titled “Integrated Rural Development of Nepal through Strengthening Research and Development Capacity of Kathmandu University.” The MoU was signed by Finance Secretary Shankar Prasad Adhikari and South Korean envoy to Nepal, Park Young-sik at the ministry on Tuesday.

KATHMANDU, Jan 17: A committee formed by the Ministry of Finance (MoF) to recommend measures to address the shortage of lendable funds has concluded that the government does not need to offer any relief for the bank and financial institutions (BFIs) at this moment.

MoF reimburses Rs 3.96b to NEA

July 19, 2016 01:00 am

KATHMANDU, July 19: Ministry of Finance (MoF) has reimbursed Rs 3.96 billion to Nepal Electricity Authority (NEA) to compensate for the loss that the latter incurred while distributing energy imported from India.