Nepal’s foreign exchange reserves have reached an all-time high, crossing the Rs. 2.5 trillion mark, driven largely by a surge in remittance inflows. According to a current macroeconomic and financial situation report released by the Nepal Rastra Bank (NRB) on Tuesday, gross foreign exchange reserves rose to Rs. 2,512.95 billion in mid-May 2025—up by 23.1 per cent compared to the same period last year.
The share of total consumption in gross domestic product (GDP) of the country is high. According to economic survey
Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel has said that the budget for the fiscal year 2025/26 has been presented with a focus on strategic allocation and fiscal prudence.
The investment of the government in public enterprises has reached Rs. 703.93 billion in the fiscal year 2023/24. However, the returns on t
The government has made changes to the various tax rates through the budget for the upcoming fiscal year 2025/26. Deputy Prime Minister and
The country embarked on a new political and economic journey by establishing a republic system and abolishing the 240-year monarchical rule in 2008. The epoch-making political change naturally incre
Gandaki Province is estimated to record the highest economic growth among Nepal’s seven provinces in the current fiscal year 2024/25. While the national gro
Nepal has recorded a notable surge in exports, with export trade soaring by 72.71 per cent in the first 10 months of the current fiscal year 2024/25. According to the trade s
Nepal, traditionally an agrarian country, lacks even a single fertiliser plant, and this culminates in the recurrent fertiliser shortage during every plantation season. Farmers across the country did not get fertiliser to plant maize recently, a
Nepal has received Rs. 1,191.31 billion in remittances in the first nine months of the current fiscal year 2024/25. According to the Current
In a major policy shift aimed at achieving self-reliance in agriculture and ensuring food security, the government has unveiled a comprehensive agricultural modernisation plan that seeks to transform the sector through mechanisation and specialisation.
Nepal Electricity Authority has issued a white paper showing its situation with financial status, demand and supply situations of electricity and further plans. At a press conference o
Nepal’s economy is estimated to grow by 4.61 per cent in the current fiscal year 2024/25. According to the Ann
While the government is preparing budget for the next fiscal year, economists have suggested the government to prioritise reducing recurrent expenditure in the upcoming fiscal budget.
Ministry of Agriculture and Livestock Development is preparing policy, programmes and budget for the upcoming fiscal year 2025/26 with the focus on increasing agricultural productivity while preserving soil health.