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Country spends one-third of capital expenditure in nine months

Kathmandu, April 13: The capital spending in the country till the third quarter of the current fiscal year is just 32.24 percent of the total allocation, the Financial Comptroller General Office (FCGO) said. Of the total Rs 302.7 billion allocated, the government expenditure has reached Rs 97.37 billion till the

Finance Ministry’s second quarterly review shows average results

In the review meeting, Finance Minister Barshaman Pun had shared that the public finance management was under pressure. He directed

Finance Ministry forms taskforce to study problems of microfinance

The Ministry of Finance has formed a seven-member taskforce to identify problems surfaced in microfinance sector and recommend the resolving

Budget calendar amended ensuring the budget more realistic

The Fiscal Procedures and Financial Responsibility Act-2076 BS has been amended through ordinance ensuring some new changes in the provisions

Asian Development Bank
ADB agrees to provide Rs 13 billion concessional loan to…

The government and the Asian Development Bank (ADB) today signed a concessional loan agreement for the implementation of Rural Connectivity

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.