- Monday, 8 September 2025
Laxman Kafle
99 % Nepalis have access to electricity: Ghising
Nepal has reached the stage of being a fully electrified country as 99 per cent of the country’s population has already had access to electricity. Managing Director of Nepa
Nepal suffers trade deficit with 133 countries out of 169 trading partners
Nepal has conducted foreign trade with more than 169 countries of the world. Nepal suffers trade deficit with most of the countries having trade relations. According to an annual tra
Trade deficit stands at Rs. 1,440 bn, export limited to Rs.152 bn
The country’s foreign trade has shrunk marginally in the last fiscal year 2023/24. According to annual trad
Public debt reaches Rs. 2,433.23 billion adding Rs. 134.68 billion in FY 2023/24
The total outstanding debt of the government reached Rs. 2,433.23 billion by the end of the last fiscal year 2023/24. Out of total debt, externa
Revenue mobilisation, capital expenditure below target in FY 2023/24
The fiscal year 2023/24 has closed with less than satisfactory performance in both revenue mobilisation and capital expenditure by the government. Despite various efforts and policy mea
Foreign currency reserves all-time high: NRB
There has been a further improvement in the external sector of the economy. A significant improvement h
Nepal set to sell 40 MW electricity to Bangladesh from this rainy season
After almost six years of continuous efforts for power trade between Nepal and Bangladesh, the two countries are finally close to ink an agreement to this effect. The Bangladesh Power De
Paddy plantation completes in 40% of cultivable land
Paddy plantation is going on in full swing across the country, thanks to the regular rainfall. According to the statistics of the Department of Agriculture, under the Ministry of Agriculture and Livest
Climate change adds challenge for Nepal to become self-reliant in paddy
With the onset of the monsoon season, agricultural activities have intensified across the country, focusing primarily on the cultivation of paddy. Farmers have begun the annual cycle of planting paddy, the
Revenue mobilisation stands at 67 per cent
The revenue mobilisation of the government stands at 67 per cent of the annual target when only 10 days are left to end the current fiscal year. However, the revenue mobilisation of this year is slightly better than that of last year.
Metropolitan cities announce budget of Rs. 53.6 billion for new fiscal year
Almost all local levels, including six metropolitan cities, have unveiled their budget for the upcoming fiscal year 2024/25. Constitutionally, it is mandatory for all the local l
Nepal imports petroleum worth Rs. 264 billion while total export amounts only Rs. 139 billion
Nepal has been spending billions of rupees annually for the import of petroleum products. According to the latest trade statistics made public by the Department of Customs, the country has imported petroleum products, including petrol, diesel, kerosene, aviation fuel and liquefied petroleum products (LPG), worth about Rs. 264 billion from India during the first 11 months of the current fiscal year. The expenditure for the import of petroleum products is almost double the volume of country’s total export during the review period. The country exported goods only worth Rs. 139.26 billion during the first 11 months of the current fiscal year.
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Nepal imports worth Rs. 1,453bn against export of Rs. 139bn
Nepal imported goods worth Rs. 150 billion in a month. According to the trade statistics made public by the Department of Customs on Friday, goods worth Rs. 150.35 billion were imported from May 14 to June 14 of the current fiscal year. The country imported goods worth Rs. 1,453.70 billion during the first 11 months of the current fiscal year 2023/24. Goods worth Rs. 1,303.35 billion were imported during the first 10 months of the current fiscal year. In the meantime, the country exported goods Rs. 13.09 billion in a month from May 14 to June 14. Likewise, in the first 11 months of the current fiscal, Nepal exported goods worth Rs. 139.26 billion.
World Bank’s IDA meeting kicks off in Kathmandu
The 21st replenishment meeting of the International Development Association (IDA) under the World Bank Group kicked off in Kathmandu, Nepal from Tuesday. This is the biggest event of the World Bank hosted in Nepal, a country renowned for its natural beauty with enormous development potential and resilience. Prime Minister Pushpa Kamal Dahal ‘Prachanda’ inaugurated the four-day Third IDA 21 replenishment meeting amidst a grand ceremony. The International Development Association (IDA) is the part of the World Bank that helps the world’s low-income countries. The IDA, which provides grants and zero- to low-interest loans, has helped transform millions of lives and communities since its inception in1960.
All provinces unveil annual budgets
All seven provinces have unveiled their annual budget of more than Rs. 278 billion for the upcoming fiscal year 2024/25 with priority to increase production, productivity and job creation through infrastructure, agriculture and tourism development.
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