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IMF Review: Nepal has showed good progress on ECF, Economy…

Kathmandu, Dec 1: On November 29, the Executive Board of the International Monetary Fund (IMF) completed the third review under the four‑year Extended Credit Facility (ECF) for Nepal, allowing the authorities to withdraw the equivalent of SDR 39.20 million (about US$ 52.25 million). According to IMF, this brings total disbursements

Government to review bank interest rate, facilitate repayment of loans

The government has taken various decisions with the aim of improving the country's economy. A decision has also been taken

Government seeking measures to address economic crisis

The government is seeking measures to resolve the existing economic crisis after the national economy failed to return to its

Government is ready to form high-level mechanism for improving economy:…

Prime Minister Pushpa Kamal Dahal 'Prachanda' has said that the government is ready to form a high-level mechanism for addressing

WB predicts improvement in Nepal’s economic growth in years ahead

The World Bank (WB) has projected an improvement in Nepal's economic growth in the years ahead as the growth is

Asian Development Bank
Nepal’s economy to improve next year: ADB

The Asian Development Bank (ADB) has said Nepal would witness economic improvement next year.

Home Minister Narayan Kaji Shrestha
FNCCI requests Home Minister to boost morale of private sector

A delegation led by President of Federation of Nepalese Chambers of Commerce and Industry, Chandra Prasad Dhakal, met with Deputy

Agriculture production increased by 4.3%: NRB

As of mid-January 2023 in the current fiscal year, main agriculture production (food and other crops and vegetables, fruits and

Economic Survey for FY 2022/23 presented in Parliament, Economic growth…

Finance Minister Dr Prakash Sharan Mahat has presented the Economic Survey of Fiscal Year 2022/23 and the Annual Situation Review

Nepal’s public debt exceeds Rs 2150 billion

Nepal's public debt liability has exceeded Rs 2150 billion. According to the Public Debt Management Office, Nepal has been obliged