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Over Rs 5 billion of budget returned; Ministry of Energy…

Kathmandu, April 27: More than five billion rupees allocated for the current fiscal year 2024/25  have been returned by various agencies, citing inability to spend the budget. According to the Ministry of Finance, more budget has been returned under the capital expenditure heading than under the recurrent heading. An analysis

Finance Minister pledges pragmatic approach in budget formulation

The Ministry of Finance has commenced the formulation of a budget for the upcoming fiscal year 2082/ 83 BS (2025-26).

Government’s income, expenditure remain weak in seven months

Both income and expenditure of the government have remained weak till the February 12 of the current fiscal year 2024/25.

Finance Minister’s directive to prioritize and find solutions in financial…

Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has given directions to the bodies concerned to find solutions to

Capital expenditure reaches 11 per cent in five months

The government has raised 28 per cent of the annual targeted revenue while spending around 30 percent budget as of

Nepal and ADB sign agreements for projects worth Rs 21.23…

The Government of Nepal and the Asian Development Bank (ADB) have signed concessional loan and grant agreements totaling Rs 21.23

Uptick in revenue collection by 17 percent in first quarter

Revenue collection in the first quarter of the current Fiscal Year 2024/25 has increased by 17 per cent compared to

Public debt increased by Rs. 84 bln in four months

Public debt has increased by Rs 84 billion in the first four months of the current fiscal year 2081-82 BS

Germany to provide Rs 1.46 billion grant to Nepal for…

The Government of the Federal Republic of Germany agreed to extend 10 million Euros (approximately NPR 1.46 billion) as grant

World Bank to support for employment generation

Deputy Prime Minister and Minister for Finance, Bishnu Poudel who arrived here in course of attending the annual meetings of