Start-up enterprises in Nepal have long been deprived of the funding by the government as well as banks and financial institutions (BFIs), and many other facilities including tax discounts and waivers in absence of clear definition of 'start-up' business.
While the victims of loan sharks from southern Tarai have been agitating in the Capital demanding that the government should save their property illegally captured by the loan sharks, Purano Ghar Theatre in Sinamangal is staging a pla
The Supreme Court has barred the government from extending the deadline for the financial closure of the 900-megawatt Upper Karnali Hydropower Project. Making public the full
For the past five years or so, the government has announced policies and programmes to support the start-ups in various ways in its annual budgets but their implementation has remained lackluster.
Provinces have largely failed to live up to the citizens' expectations in the management of public finance and implementation of development works. The 11-month statistics of budget utilisation of seven provinces portray a dismal face of the sub-national governments that have been drawing continuous criticism for their very presence right since their c
Although government expenditure has caught a worse trajectory for the last three years registering poor yet identical achievements, income has been severely disturbed in the current fiscal year. The government could achieve only 62 per cent of its income target by Thursday, June 29, according to the Financial Comptroller General Office (FCGO). Through the budget of the current fiscal year 2022/23, the government had announced to raise a total
The National Planning Commission (NPC) has said that the upcoming 16th periodic plan (Fiscal Year 2024/25 to 2029/30) would include methods and strategies to smooth the transition to the developing nation status and meet the middle-income criteria.
Former Foreign Secretary and Ambassador Madhu Raman Acharya has suggested that Nepal should develop a full-fledged neighbourhood policy so that there will be no political differences among the parties and national stakeholders, and 'national interest' gets the front seat in bilateral and multilateral dealings.
Owing to the import control measures that the government implemented in the current Fiscal Year 2022/23, trade deficit of Nepal has gone down by more than 15 per
Writing poetry demands a considerable feat of work, including thinking, understanding, explaining, and the ability to tell it succinctly. Although many find it highly gratifying, only a couple
Stakeholders have suggested for a strict regulation of microfinance and cooperatives sector in order to check the financial anarchy and embezzlement of the hard-earned money of people.
Insurance stakeholders have expressed serious concerns over insurance policy ‘being sold not bought’, and suggested immediate measures to create an environment where people buy insurance policies at their will but not due to the push sales by the agents.
Minister for Finance Dr. Prakash Sharan Mahat said that it is imperative to strike a balance between safeguarding the interests of policyholders and encouraging insurers to embrace technological advancements and explore new product offerings.
To resolve the issues of the subsidy on the premium of agriculture and livestock insurance for the long term, the Nepal Insurance Authority (NIA) has recommended distributing the subsidy through the local government.
Finance Minister Dr. Prakash Sharan Mahat has announced the budget of Rs. 1751.31 billion for the upcoming Fiscal Year 2023/24. The budget presented in the join