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ADB agrees to provide Rs 13 billion concessional loan to…

Kathmandu, Oct 31: The government and the Asian Development Bank (ADB) today signed a concessional loan agreement for the implementation of Rural Connectivity Project-Additional Financing. The agreement involves a loan amounting to USD 100 million, which is equivalent to around Rs 13 billion. Finance Secretary Krishna Hari Pushkar and ADB

MCC Nepal Compact Programme goes into enforcement, cost increased

The implementation phase of 'MCC Nepal Compact Programme', a joint investment of the government of Nepal and Millennium Challenge Corporation

Improving crisis-ridden economy is my priority: Finance Minister Mahat

Finance Minister Dr Prakash Sharan Mahat has said improving the crisis-ridden economy is his priority and commitment.

Government not forcing for revenue collection: Finance Minister Mahat

Newly appointed Minister of Finance Dr. Prakash Sharan Mahat has promised to bring in track the troubled economy by reforming

Nepal receives foreign aid commitment of Rs 138 billion in…

The Government of Nepal has received commitments for foreign aid amounting to over Rs 138.5 billion as of mid-March in

Nearly Rs 23 billion budget transferred in seven months

In the seven months of the current fiscal year, 2022/23, the government has transferred nearly Rs 44.74 billion budget.

Government prepares for half-yearly budget review

The Ministry of Finance has started preparations for a half-yearly review of the budget for the current fiscal 2022-23. The

Finance Minister Poudel pledges IT-friendly customs system

The 71st International Customs Day was observed by organising various programmes here today.

Finance Minister for freeing public enterprises from political interference

Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has highlighted the need of freeing public enterprises from political interference.

Rs 37 billion pledged under foreign loans, grants not received

The government is short of almost Rs 37 billion which has been allocated for the projects and programmes in the