•      Mon Sep 26 2022
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PM Deuba to look after Ministry of Finance

President Bidya Devi Bhandari has designated Prime Minister Sher Bahadur Deuba to look after the Ministry of Finance as well. Following the resignation by Finance Minister Janardan Sharma earlier today, President Bhandari designated the ministry to Deuba on the recommendation of the Council of Ministers, according to the Office of

Budget for next fiscal year to focus on economic revival,…

KATHMANDU: The government is preparing the budget for the Fiscal Year 2022/23, keeping the revival of the country’s economy badly

Finance Ministry issues directive to reduce budget for fuel by…

KATHMANDU: The Ministry of Finance (MoF) has issued a directive to different ministries, agencies and public agencies to reduce fuel

World Bank
World Bank to provide Rs 18 billion to strengthen Nepal’s…

KATHMANDU: The World Bank is to provide Rs 18 billion under the Finance for Growth development policy credit to strengthen

Janardan Sharma
Cash margin on import to address challenges in economy: Minister…

KATHMANDU: Minister for Finance Janardan Sharma asserted that the government imposed cash margin on the import to address the challenges

Janardan Sharma
Finance Minister Sharma directs Investment Board to proceed big projects

KATHMANDU: Finance Minister Janardan Sharma has directed the Investment Board Nepal (IBN) to take big projects ahead by creating capital

Rs 40 billion sought for election: Minister Sharma

Although the government has allocated only Rs 10 billion in the current budget for the election, additional Rs 40 billion

Bishnu Poudel
Budget size slashed; spending target limited to Rs 1,344 billion

KATHMANDU: The government has made amendment to the annual estimates of income and expenditure or budget of the current fiscal