•      Fri Nov 1 2024
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WB positive to provide concessional loan of Rs 130 billion

Kathmandu, Oct 14: The World Bank is positive to provide concessional loan of Rs 130 billion for Upper Arun Hydropower Project. The WB indicated to provide the concessional loan for the project during the meeting of its office-bearers with Finance Minister, Dr Prakash Sharan Mahat, today. Finance Minister is in

Nepal committed for bringing reforms in fiscal good governance: Dr…

Finance Minister Dr Prakash Sharan Mahat has expressed commitment to bring reforms in fiscal governance and transparency suitable to Nepali

House of Representatives
Anti-Money Laundering Bill tabled in parliament

A report on the 'Bill designed to amend some acts related to Prevention of Money Laundering and Promotion of Business

Government is ready to form high-level mechanism for improving economy:…

Prime Minister Pushpa Kamal Dahal 'Prachanda' has said that the government is ready to form a high-level mechanism for addressing

House of Representatives
Public Account Committee directs suspension of TERAMOCS

The Public Account Committee under the House of Representatives has directed the concerned authority to stall the installation of the

Finance Minister urges Korean companies to invest in Nepal

Finance Minister Dr Prakash Sharan Mahat, who is in Marrakesh of Morocco in connection with participating in the World Bank

Finance Minister Dr Mahat meets IFC Vice President in Morocco

Finance Minister Dr Prakasharan Mahat held a meeting with Regional Vice President of the International Finance Corporation (IFC) for Asia

Transmission line
Kaligandaki transmission corridor project completes

The construction of the Kaligandaki Corridor transmission line has been successfully completed. The 220-kV double circuit transmission line is expected

Finance Minister Dr Mahat off to Morocco for WB’s annual…

Minister for Finance Dr Prakash Sharan Mahat has left for Morocco to participate in the annual meeting of the World

Thamel
Thamel’s tourism business bounces back

Tourists' mobility has visibly upped in Thamel – the main tourism hub – with the advent of autumn season. Tourism