Finance Minister Dr Prakash Sharan Mahat has presented the Economic Survey of Fiscal Year 2022/23 and the Annual Situation Review of Public Corporations, 2023 in the separate meetings of the House of Representatives (HoR) and the National Assembly today
Sixty-seven industries are in operation with foreign investment in Lumbini Province. Of them, 34 are small-scale industries, 16 middle-scale and 17 large-scale.
The share of the private sector in Nepal's GDP is 81.55 per cent. This is stated in a study report prepared by the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) with support from the International Financial Corporation (IFC).
Nepal Oil Corporation (NOC)has reduced the price of kerosene and diesel
Minister for Industry, Commerce and Supplies, Ramesh Rijal, has insisted on industrial infrastructure development and maximum utilization of natural resources to promote domestic production for advancing towards self-sufficient economy.
The first meeting of the Finance Committee under the Federal Parliament took place today.
Finance Minister Dr Prakash Sharan Mahat has said that there is a huge pressure on resource management for the new budget of fiscal year 2080/081 BS.
The principles and priorities of the appropriation bill for the fiscal year 2080/81 were discussed in today's House of Representatives (HoR).
The International Monetary Fund (IMF) has urged the government of Nepal to apply policy-level precautions stating that Nepal's economy was still at risk.
The Nepali nationalities returning from foreign employment can now bring two mobile phones
The government has formed a task force for the overall improvement of the cooperatives sector.
With the speculations of increased economic activities and early recovery, the government is working to prepare the budget for the upcoming fiscal year.