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Government’s expenditure surpasses income

Kathmandu, May 16: Fiscal deficit is going up as revenue collection is minimal in comparison to the public expenditure.  According to the Office of the Comptroller General, the government's expenditure exceeds by Rs 250 billion till May 14 of the current fiscal year 2022/23. The public expenditure during this period

Finance Minister for budget that spurs inclusive economic development

The government is for bringing a budget that generates employment and makes the service delivery smooth and effective. Government is

Country’s economy gearing up for reforms: PM Dahal

Prime Minister Pushpa Kamal Dahal 'Prachanda' has claimed the politics and economy of the country are gearing up for improvement

Monetary policy tightening helped stabilize the external position: IMF

The Executive Board of the International Monetary Fund (IMF) completed the first and second reviews under the Extended Credit Facility

Overall economic indicators have improved: PM Dahal

Prime Minister Pushpa Kamal Dahal 'Prachanda' has said that overall economic indicators in the country have improved with the formation

Government committed to improving economy: PM Dahal

Prime Minister Pushpa Kamal Dahal 'Prachanda' has said the government is committed to resolving present problems seen in the country's

ADB estimates Nepal’s economic growth to 4.1% in FY2023

Nepal’s economic growth is estimated to moderate to 4.1% in fiscal year (FY) 2023, down from an estimated growth of

Mid-term evaluation: Budget size reduced by Rs 244 billion

Making a mid-term evaluation of the budget for Fiscal Year 2022/2023, the government has reduced the size of the budget

Time to find solution to problems facing economy: President Bhandari

President Bidya Devi Bhandari has said at a time when the country is facing difficult economic situation, it is necessary

Current Economic Situation in Nepal

The economic situation in Nepal is not as alarming as some perceive it to be, although Kathmandu needs to be