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Govt preparing for laws to explore alternative development financing

Kathmandu, Dec 29: Deputy Prime Minister and Finance Minister Bishnu Prasad Poudel has said that the government was preparing to introduce a legal mechanism for alternative development financing. Minister Poudel said that a new bill is being prepared to explore new and alternative fiscal resources. During a discussion with the

President issues Ordinance on Cooperatives

President Ramchandra Paudel has issued an ordinance related to cooperatives.

Minister Rana lays foundations stone for Jalapadevi cable car

Kailali, Dec 28: Minister for Foreign Affairs Dr Arzu Rana Deuba has laid a foundation stone for the construction of

Finance committee endorses Safe Transaction Bill

The Finance Committee of the House of Representatives (HoR) endorsed the Safe Transaction (first amendment) Bill, 2080 on Thursday.

Petroleum exploration in Dailekh in final phase

According to the Department of Mines and Geology, drilling has been completed up to 3,930 meters depth, with only 70

Karnali Development Bank in problem, NRB takes over

Nepal Rastra Bank (NRB), the central bank of Nepal, has declared Karnali Development Bank as a problematic financial institution.

Public debt reaches Rs 2,500 billion, interest payment exceeds development…

With the growing size of public debt each year, the expenditure for servicing its interest has also increased, now surpassing

Lawmakers sought private sector’s role in electricity sector

Lawmakers have called for encouraging the participation of private sector in development of electricity sector.

Betel nut plant with fruit (file)
Lawmakers stress on promotion of betel nut production and export

Lawmakers have stressed the need to promote betel nuts farming and increasing its export.

Department of Customs Nepal.
Export rise in first five months in current FY

Data released by the Customs Department shows that imports increased by 3 percent, while exports rose by 16.5 percent in