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Nepal’s trade deficit decreased by 16.71% in last fiscal year
July 27, 2020 20:25 pm
KATHMANDU, July 27: Nepal’s trade deficit in the last fiscal year dropped by 16.71% to Rs 1.1 trillion with a fall of a double digit percent point in import expenses.
Fall in imports following nationwide lockdown reduces Nepal’s trade deficit by 16.43%
June 29, 2020 08:01 am
KATHMANDU, June 29: Nepal’s trade deficit in the first 11 months of the current fiscal year has narrowed down by 16.43 percent, compared to the same period in 2019/20.
Trade deficit declines but at a slower pace
March 24, 2020 10:09 am
KATHMANDU, March 24: Nepal's trade deficit in the first eight months of the current fiscal year reached Rs 849.33 billion, a decline of 4.34% compared to the same period in the last fiscal year.
Grow your own plants
February 25, 2020 10:40 am
Importing fruit plants for commercial production should not be encouraged because our quarantine and monitoring systems are weak
Indian import restriction threatens to worsen Nepal’s trade position
January 10, 2020 08:47 am
KATHMANDU, Jan 10: Nepal’s export is likely to take a hit with the Indian government’s decision to impose restriction on the import of palm oil.
Trade deficit down but government struggles to meet revenue target
January 2, 2020 09:45 am
KATHMANDU, Jan 2: The government's efforts to narrow down trade deficit have yielded some positive results. However, it has hit the target of import tax collection, putting the government authority in pressure to manage financial resources from alternative sectors.
Trade deficit shrinks 9%to Rs 414 billion in four months
November 30, 2019 09:20 am
KATHMANDU, Nov 30: Trade deficit of the country shrunk by 8.9% in the first four months of the current fiscal year – FY2019/20 to Rs 414.02 billion compared to the corresponding period of the previous fiscal year.
How do we achieve sustainable agriculture growth?
September 23, 2019 00:24 am
Nepal is a food deficit country, importing both cereals and high-value agriculture commodities due mainly to slow agricultural growth rates. The government’s commitment to check the country’s ever widening trade deficit by boosting farm production is difficult to achieve unless implementation is improved.
Migrant workers bring in skills
September 18, 2019 00:30 am
Let’s use returning migrants’ skills and earnings to increase domestic production
Trade deficit balloons to Rs 1.32 trillion
July 30, 2019 03:00 am
KATHMANDU, July 30: Total trade deficit of the country jumped by 14.26% to Rs 1.32 trillion in the last fiscal year 2018/19.
Call to improve competitiveness of Nepali products to bring down trade deficit
July 29, 2019 02:30 am
KATHMANDU, July 29: Economists and experts of Nepal and India have stressed the need to increase the competitiveness of Nepali products and improve logistics services to gradually bring down Nepal's widening trade deficit with its southern neighbor.
Trade deficit balloons to Rs 1,100 billion in first ten months
June 16, 2019 08:01 am
KATHMANDU, June 15: In a recent statistics released by the Department of Customs (DoC) based on data from 23 major ports of Nepal, trade deficit of the country has risen to Rs 1,099.6 billion in the first 10 months of the current Fiscal Year 2018/19.
Trade deficit jumps up 24 per cent
May 16, 2019 17:30 pm
KATHMANDU, May 16: Nepal has seen a ballooning trade deficit of billions of rupees annually as it failed to adopt the export-oriented economic policy.
Trade deficit balloons to Rs 992 billion in Q3
May 10, 2019 08:30 am
Nepal enjoys trade surplus with only two dozen countries out of 151 trading partners
Faltering exports drive up trade deficit with China
April 28, 2019 03:30 am
KATHMANDU, April 28: Exports growth to China, the second largest trading partner of Nepal, has been falling in the current Fiscal Year 2018/19.
Prez Bhandari stresses on promotion of export to reduce trade deficit
February 14, 2019 14:34 pm
KATHMANDU, Feb 14: President Bidya Devi Bhandari has stressed promotion of promoting export in the country in the wake of the ballooning trade deficit.
Tap the opportunities
January 8, 2019 01:30 am
Low level of economic integration combined with untenable trade deficit is making Nepal vulnerable to external shocks
Trade deficit balloons to Rs 569 billion in first five months
December 28, 2018 05:00 am
KATHMANDU, Dec 28: Nepal's trade deficit widened by 36.11 percent to Rs 569.49 billion in the first five months of the current fiscal year 2018/19 compared to same period of the last fiscal year 2017/18 as exports growth fail to catch up the rapidly surging imports bill.
FinMin says not to worry, but brainstorm to tackle trade deficit
December 2, 2018 03:30 am
KATHMANDU, Dec 2: Finance Minister Yuba Raj Khatiwada has said that there is no point of being worried about trade deficit, rather it is a time to discuss ways to come out of it.
Trade deficit touches Rs 454b in 1st four months
November 30, 2018 10:31 am
KATHMANDU, Nov 30: Trade deficit of the country increased by a whopping 40.3 percent to Rs 454.47 billion in the first four months of Fiscal Year 2018/19.
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