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Faulty budget allocation behind challenges in implementation: Minister Paudel

Kathmandu, Aug 3: Deputy Prime Minister and Minister for Finance Bishnu Prasad Poudel asserted that implementation of budget remains challenging owing to faulty allocation. In a meeting of the parliamentary committee on finance, Finance Minister Paudel pointed out that the budget was allocated without identifying sources and it was short

karnali province lawmakers
311 cooperatives registered in Karnali province

Three hundred and eleven cooperatives are registered with the Land Management and Cooperative Registrar's Office based in Surkhet. The capital

Ilam constructs 59 irrigation projects investing Rs 348 million

As many as 59 irrigation projects were constructed in Ilam district in the fiscal year 2080/81 BS. The irrigation facilities

NOC reduces price of petrol, diesel and kerosene oil

The Nepal Oil Corporation has reduced the price of petroleum products effective from Wednesday mid-night.

Rahughat Hydropower Project: breakthrough of main tunnel accomplished

The project with a capacity to generate 40-megawatts power is under construction at Raghuganga Rural Municipality of Myagdi district. It

Dhalkebar substation
Nepal exported power worth Rs 16.93 billion last fiscal year

The Nepal Electricity Authority (NEA) made an income of Rs 16.93 billion by exporting 1.94 billion units electricity to India

Karnali government collects Rs 21.47 million tourism revenue

Karnali Province government has collected Rs 21.475 million as revenue from some tourism destinations of the province in the last

Goods worth Rs 65 billion imported from China

Nepal imported Chinese goods worth Rs 65.22 billion via the Rasuwagadhi customs point in the last fiscal year.

Nepal Rastra Bank
Monetary policy facilitates five provisions of budget

The new Monetary Policy for current fiscal year 2024/25 has some special arrangements to implement and facilitate various five provisions

NRB
NRB lowers bank rate and deposit collection rate

Nepal Rastra Bank (NRB) has unveiled the Monetary Policy for Fiscal Year 2024/25 today. Through this policy, the central bank