Nepal continues to struggle with a growing trade deficit, as it faces deficits with 126 out of its 160 trading partners in the first eight months of the current fiscal year.
Governor of Nepal Rastra Bank (NRB) Maha Prasad Adhikari has said that the country's economy did not face major problems despite the challenges created by the COVID-19 pandemi
The provincial governments and local levels are set to receive around Rs. 305 billion through revenue sharing and fiscal equalisation grants in the upcoming fiscal year 2025/26. The federal governme
The government of India has agreed to supply electricity to Nepal for additional four hours. India has agreed to all
Goods worth above Rs. 158 billion have been exported during the first eight months of the current fiscal year 2024/25. According to the trade
Nepal’s hydropower production has reached 3,400 MW in 114 years since the first power plant-- the 500-kilowatt Pharping Hydropower Project was built in 1911 during the reign of Rana Prime Minister Chandra Shumsher.
Capital expenditure of the government has remained quite low also in the current fiscal year. The capital expenditure s
Despite being an agricultural country, the imsport of agricultural goods is recorded higher than the total export. Nepal's imports of agricul
Nepal's total outstanding public debt has increased to Rs. 2,611.06 billion as of mid-February 2025, reflecting a significant rise from the previous fiscal year. Out of total debt, exte
Nepal’s export sector has shown impressive growth during the first seven months of the 2024/25 fiscal year, reflecting a healthy performance in the country’s foreign trade. According to the latest d
The Upper Trishuli-1 Hydroelectricity Project with a total capacity of 216 MW under construction in Rasuwa district has so far spent around Rs. 170 million in the project affected areas through the Social Support Programme (SSP).
Nepal, rich in natural beauty and cultural heritage, has long been a popular destination for tourists seeking adventure, spirituality, and scenic beauty. However, the country’s tourism gr
A successful non-resident Nepali entrepreneur, Lok Raj Sharma, has made remarkable contributions to the economy of Nepal through innovative ventures in fintech, microfinance, and constr
The government has revised the budget for the current fiscal year 2024/25 by reducing the revenue and expenditure estimates. The government has made public
Gold prices in Nepal have started surging once again. The price of the precious yellow metal climbed to Rs. 162,800 per tola on Friday. The recent surge in p