Bishnu Paudel, while publishing the mid-term budget review report also made it clear that the target of 8 per cent economic growth rate set for the current fiscal year also won't be achieved.
A meeting of the council of ministers on Tuesday evening decided to remove restrictions on the import of luxurious vehicles, mobile phones, liquors, and motorcycles.
Kathmandu [Nepal], March 7 ( ANI): Bejing's 'undeclared trade embargo' in the name of COVID containment measures has hurt Nepal's economy and traders giving rise to concerns regarding the Himalayan nation's reliance upon China as a trade partner, as an alternative to India, a media report s
Kathmandu [Nepal], February 21 (ANI): With the country scheduled to go to polls on May 13 and rising fuel prices, Nepal may face a hyperinflation situation in the coming months.
Singapore, June 5 (ANI): Fitch Solutions has maintained FY21 (mid-July 2020 to mid-July 2021) real GDP growth forecast for Nepal at 2 per cent and forecast growth of 3.5 per cent in FY22.
Kathmandu [Nepal], May 29 (ANI): Nepal's Finance Minister will present the first federal budget of the Himalayan nation after completing the three-tier elections held simultaneously in the year of 2017.