KATHMANDU, Sept 26: The government's aspirations for the fiscal year 2023/24 that hinge on boosting economic activity and fostering business growth, face formidable challenges, as recent statistics from the months of Shrawan to Bhadra (mid-July to mid-September) do not bode well for their realization.
POKHARA, Sept 2: The Government of Nepal has set an ambitious target of welcoming one million foreign tourists in the year 2023. However, as of the end of August, just over 600,000 foreign visitors have arrived in Nepal via air route.
KATHMANDU, June 18: The government has met only one-third of the annual target of blacktopping roads by the end of the current fiscal year, thanks to the slow capital expenditure by the government and the ‘construction holiday’ launched by the contractors.
KATHMANDU, May 22: The Inland Revenue Department (IRD) collected revenue of Rs 377 billion in the first 10 months of the current fiscal year, which was around 90 percent of the amount targeted for the given period.
KATHMANDU, Dec 24: Birgunj Customs Office (BCO) collected customs revenue worth Rs 88.69 billion in the first five months of the current fiscal year, which was 52.50 percent more than the amount collected during the same period of the last fiscal year.
KATHMANDU, June 20: The government has been able to increase its revenue collection by 25.41 percent in the first ten months of this fiscal year, compared to the same period last fiscal, despite a massive fall in domestic economic activities due to the impacts of COVID-19.
KATHMANDU, Jan 15: Revenue collection in the first half of the current fiscal year has fallen around 11 percent short of the target, imposing pressure on the government to manage its financial resources.
KATHMANDU, Aug 3: With the contribution of 61 runs of Sompal Kami, Nepal has set a target of 217 runs for the Dutch team. In the second ODI, held at Amstelveen against the Netherlands, Nepal was elected to bat first after winning the toss. Nepal played 50 over game losing nine wickets.
KATHMANDU, July 29: The Ministry of Agriculture Development has said that to achieve the target of doubling agricultural produce in five years, which the government has stated in its annual budget for the Fiscal Year 2018/19, a growth rate of 15 percent has to be achieved on every agricultural product.
SANA'A, July 25: Earlier, Yemeni government has provided two ceasefires to the United Nations for the withdrawal of Houthi rebels from the Al Hudaydah port, though, the militants have turned down the initiative. According to the Al Masirah TV, Houthi movement targeted a Saudi Arabian warship off the western coast of Yemen.
KATHMANDU, July 25: Income tax collection saw a shortfall of 7.33 percent against the target of Rs 149 billion in the last Fiscal Year 2017/18. The revenue collection stood at only Rs 140 billion that had witnessed a whopping growth of 18 percent in the previous Fiscal Year 2016/17.
DHARAN, June 21: Dharan Sub-metropolitan City of Sunsari district could not meet its revenue mobilization target of the current fiscal year. As the new fiscal year approaches, the metropolis faces immense pressure to enhance its revenue mobilization.
POKHARA, June 8: Province 4 has set its target of increasing the per capita income of its denizens to US$ 2500. This would result in the reduction of number of people living below poverty line from 14.2 % to 7 %.
KATHMANDU, May 31: The government is anticipating a massive industrial and agricultural expansion this year as it has set growth target for these sectors at 12 percent and 4.5 percent, respectively, in Fiscal Year 2018/19.
KATHMANDU, May 12: Kings XI Punjab has to chase the highest 246 runs target of this season-2018 presented by Kolkata Knight Riders in the 44th match of ongoing Indian Premier League held at Indore on Saturday.
KATHMANDU, May 10: The youngest left-hand batsman, Rishabh Pant, 20, led Delhi Daredevil's to set the target of 188 runs in a home ground for Sunrisers Hyderabad in the 42nd match in Indian Premier League at Delhi.
KAILALI, April 5: Rupandehi Challengers has set a 145 runs target for Mahendranagar United at the ongoing Dhangadhi Premier League (DPL) 2 underway at the Seti Zone Police Cricket Ground, Dhangadhi on Thursday.