KATHMANDU, March 8: The government has revised down the economic growth forecast to 6 percent for the current fiscal year 2017/18 from the previous economic growth target of 7.2 percent. Releasing the mid-term review report of the budget for the current fiscal year, the Ministry of Finance lowered the growth forecast by 1.2 percentage points to 6 percent for the current fiscal year.
KATHMANDU Jan 11: The World Bank Group has revised down the growth forecast for Nepal by nearly one percentage point to 4.6 percent for the current fiscal year 2017/18. Launching the global economic prospects on Wednesday, the Washington-based organization revised down its own economic growth forecast in June last year by 0.9 percentage point.
KATHMANDU, April 22: The agitating Madhes-based parties have agreed to participate in the upcoming local election if the constitution amendment bill in parliament is endorsed with some revisions as agreed during a meeting held between the two sides on Friday.
KATHMANDU, Aug 10: The Ministry of Home Affairs has revised the prison management directives in an attempt to maintain transparency, simplify work procedures and improve the performance of prison staffs and duty holders.
KATHMANDU, July 9: The Council for Technical Education & Vocational Training (CTEVT) has revised the admission criteria set for its diploma courses. However, it is yet to increase its enrollment capacity.