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Nepal's public debt doubles in just five years
July 31, 2024 20:34 pm
KATHMANDU, July 31: As the government has failed to make up for its exorbitant spending by the slow revenue collection, the country is facing an ever increasing burden of public debt in recent years.
Govt delays payments of subsidies announced for selected businesses
April 9, 2024 09:15 am
KATHMANDU, April 9: The government has been reluctant to fulfill its commitment to provide the promised amount of subsidies across several sectors, resulting in a significant accumulation of unpaid dues for the affected businesses.
Govt incurs additional public debt of Rs 22.97 billion in the last one month
February 17, 2024 09:05 am
KATHMANDU, Feb 17: The government took an additional public borrowing worth Rs 22.97 billion last month amid slow revenue collection and high recurrent expenditure.
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