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FY 2024/25 Budget: 567 billion rupees for province, local govts

Kathmandu, May 28: The federal government is to allocate 567 billion rupees to the provincial and local governments (PLGs) in the coming financial year 2024/25. This will be made through fiscal transfer and revenue sharing from the federal budget. According to the budget statement read out by Finance Minister Barshman

Government accords priority to hydropower promotion

The government has expected to enhance the capacity of the national grid by increasing its capacity to 4500 megawatts in

karnali province lawmakers
Karnali Province government records around four billion in arrears

The accumulated arrears of the Karnali Province government and subordinate offices have soared to around four billion rupees.

Govt to form high-level taskforce for structural reforms of economy

The government has set five strategies and five priorities of the budget and outlined five strategies for economic reforms in

Finance Minister Pun presenting FY 2081/82 budget

The meeting of the Council of Ministers this afternoon has passed the annual estimates of the revenue and expenditure (budget)

Govt. approves annual development programme, MTEF

A meeting of the National Planning Commission has approved government's annual development programme and three-year medium term expenditure framework.

Budget presentation postponed to 3 PM

The Cabinet meeting has been delayed. The meeting, initially slated to convene at 11 AM, has been rescheduled to start

Bagmati Province govt unveils policies, programmes

Chief of Bagmati Province, Yadav Chandra Sharma, released the Bagmati Province Government's policies and programmes for the upcoming fiscal year

Nepal Rastra Bank
NRB amends directives based on Review of Monetary Policy

Nepal Rastra Bank (NRB), the central bank of Nepal, has issued directives, amending provisions as part of its third-quarter monetary

Sputtering economy causes closure of 207 industries in Rupandehi last…

At a time when the advocacy has been continued for quite a while, seeking an atmosphere conducive for the industrial