- Tuesday, 12 May 2026
Laxman Kafle
Govt unveils policies and programmes of 2026/27
The government has unveiled its policies and programmes for the upcoming fiscal year 2026/27, prioritising good governance, policy reforms, and qualitative improvements in public service delivery and accelerate economic recovery and promote social advancement. President Ramchandra Paudel presented the government’s policies and programmes at a joint session of the Federal Parliament on Monday. President Paudel said that the government had pledged to prioritise good governance as the foundation of a prosperous Nepal, ado
Nepal enters early de-industrialisation
Nepal's economy is increasingly shifting toward a service-driven structure without industrialisation emerging from agriculture, resulting in premature de-industrialisation. According to the recently p
Price surge drives record cardamom exports
Earnings from the export of large cardamom, one of the country’s major export commodities, have reached a historic high so far, thanks to a significant rise in its price. According to statistics f
G2G process begins to import fertilisers
The government has initiated the procurement process of importing 50,000 tonnes of chemical fertilisers from India through the government-to-government (G2G) system in an effort to prevent a possible fertiliser shortage in the country.
Reform Momentum Crucial For Investment
Economic growth and job creation are the fundamental pillars of long-term prosperity for a developing country like Nepal. Yet, despite its prospects, Nepal's economic trajectory over the past decades has been constrained by structural chal
Fuel price hikes drive up cost of essentials
Household budgets across Nepal are coming under increasing pressure as the prices of essential commodities, particularly rice and cooking oil, have risen sharply over the past few weeks.
-original-thumb.jpg)
Credit extended to private sector increases significantly
The credit extended to the private sector by banks and financial institutions (BFIs) has increased significantly over the past decade. According to Nepal’s
Public debt nears Rs. 3 trillion
Nepal's public debt has surged to nearly Rs. 3 trillion by mid-April of the current fiscal year 2025/26, reflecting growing borrowing needs and the impact of currency depreciation. According to the Public Debt Management
White Paper outlines Nepal’s path to 7% growth
The Ministry of Finance has made public the “Current Economic Status of Nepal 2083,” outlining the country’s recent economic status. Released on Monday, th
Fuel import bill jumps to Rs. 212B
Nepal has witnessed a sharp rise in fuel import expenditure over the past month, driven by escalating international petroleum prices linked to tensions in the Middle East. According to the latest data released by the Department of Customs, the country imported petroleum products—including liquefied petroleum gas (LPG)—worth over Rs. 34.86 billion between mid-March and mid-April 2026. Cumulatively, petroleum imports have reached nearly Rs. 212 billion so far in the current fiscal year, up from Rs. 177 billion recorded by mid-March.
FDI pledge declines by 28%
Nepal has recorded a notable decline in foreign direct investment (FDI) commitments during the first nine months of the current fiscal year 2025/26. According to the Depa
Banana prices triple in Kathmandu amid supply crunch, import restriction
Consumers across the Kathmandu Valley are facing an unexpected surge in banana prices, with rates tripling in recent days due to a mismatch between high demand and limited supply. At present, bananas are being sold at Rs. 250 to Rs. 300 per dozen in local markets—far above the usual price range of Rs. 100 to Rs. 150. Many consumers have expressed shock at the sudden increase. Bhoj Raj Banstola, a resident of Matidivi, said he recently paid Rs. 310 for a dozen of large bananas.
Second quarter's growth estimated at 4.05%
The National Statistics Office (NSO) has estimated 4.05 per cent growth in the gross domestic product (GDP) at the basic price in the second quarter of the current fiscal year 2025/26. According to the quarterly GDP estimation report released by the NSO on Monday, the seasonally unadjusted quarterly GDP at basic prices is estimated to have been 4.05 per cent in the second quarter of the current fiscal year compared to the corresponding period last fiscal year. The growth was primarily driven by increases in electricity production and distribution, deposit collection and credit flow, non-life insurance premium collection, livestock production, fruit and vegetable production, trade services, and tourism arrivals.
-original-thumb.jpg)
Petrol prices hit record high
Petrol prices in Nepal have reached an all-time high, with the latest revision by the state-owned Nepal Oil Corporation (NOC) pushing the cost to Rs. 202 per litre in the Kathmandu Valley. Diesel and kerosene have also been increased to Rs. 182 per litre.
-original-thumb.jpg)
Remittance surge supports strong external sector performance
Nepal’s external sector has shown remarkable strength in the first eight months of fiscal year 2025/26, fueled largely by a sharp rise in remittance inflows, alongside improvements in the current account, balance of payments, and foreign exchange reserves.
