- Monday, 25 May 2026
TRN Online
Nepal's Economy In Far Better Position Than Sri Lanka's: Former Governor Nepal
By TRN Online, Kathmandu, Apr. 12: Former Governor Chiranjibi Nepal has said that Nepal's economic condition is in a far better position in comparison to that of Sri Lanka.Speaking at an interaction programme in the capital on Tuesday, the former governor of Nepal Rastra Bank, the central bank of Nepal, viewed that Sri Lanka drifted into the current crisis due to sharp decline in the foreign exchange reserve and rising outstanding debt.He made it a point that Sri Lanka's foreign debt has risen to 60 per cent of gross domestic product (GDP) while in comparison Nepal's foreign debt consists of only 22 per cent of the GDP.Though trade deficit is widening, Nepal still possess the foreign exchange reserve equivalent to import of good and service for 6.7 months which is above the International Monetary Fund (IMF) suggestion of 3 months for a developing country like Nepal.He attributed the current liquidity shortage to the sudden rise in the credit expansion which rose above 32 per cent against 18 per cent as targeted by monetary policy. He termed the credit expansion a historically high one.Foreign exchange reserve of Nepal declined in comparison to COVID period due to slid in remittance and tourism, he said.He also predicted that Russia-Ukraine crisis could stoke up the fuel and a few commodities' price, which ultimately could lead to inflation.
Central Mechanism To Make Final Decision On Seat Sharing Among Ruling Parties In Local Polls
By TRN Online, Kathmandu, Apr. 12: The high level political mechanism of the ruling coalition has endorsed the procedures for seat sharing among the ruling parties in the local polls.The seat sharing among the ruling parties with regard to the mayor and deputy mayor of the metropolis and sub-metropolis will be decided by the political mechanism itself, according to the decision of the meeting of the mechanism held under chairmanship of Prime Minister and Nepali Congress president Sher Bahadur Deuba.Informing the journalists about the outcome of the meeting, government spokesperson and minister for Communications and Information Technology Gyanendra Bahadur Karki said thatThe district level mechanism of the ruling coalition will take necessary decision on electoral alliance for mayor/deputy mayor in municipalities and chief and deputy chief in rural municipalities by April 16 and send the decision to the provincial mechanism which in turn will report to the central mechanism within April 18, according to Gyanendra Bahadur Karki, government spokesperson and minister for Communications and Information Technology, informing the journalists about the outcome of the meeting held today.The number of votes secured by a given party in the previous local polls held in 2017 will be taken as the basis for selecting the given party in a given local level's key posts.
PM Deuba Sees Need Of Utility Corridor For Coordinated Development
PM Deuba Sees Need Of Utility Corridor For Coordinated Development
Provincial, district committees of ruling parties likely to be asked to forge consensus on electoral coalition by April 13
NBA decides not to issue LC for import of essentials Former Finance Ministers draw government's attention to economy Chinese Ambassador Hou Yanqi sings Nepali song Resham Felili Buddhakrishna piercing his tongue for the ninth time, says it'll be his last
Three new cases, 48 recoveries in 24 hours
CPN (Unified Socialist) forms Election Mobilization Committee NBA decides not to issue LC for import of essentials 2,593 foreign tourists arrived in Nepal yesterday Three new cases, 48 recoveries in 24 hours
Ballot Papers For 28 Districts Printed
By TRN Online, Kathmandu, Apr. 11: Election Commission has said that ballot papers amounting to the need for 28 districts have been printed so far.Shaligram Sharma Paudel, spokesperson of the EC, said at a regular press meet on Monday that 4.5 million 22 thousand ballot papers were printed so far and that the number could cover the demand of 28 districts. He said printing of the ballot papers for other districts was underway.
Chief Minister Rai calls for opening export-oriented industries
Buddhakrishna piercing his tongue for the ninth time, says it'll be his last Provincial, district committees of ruling parties likely to be asked to forge consensus on electoral coalition by April 13 2,593 foreign tourists arrived in Nepal yesterday Chief Minister Rai calls for opening export-oriented industries
NBA decides not to issue LC for import of essentials
Issues of price increment of petroleum goods will be resolved: Minister Badu Influx of devotees in Muktinath (Photo Feature) Former Finance Ministers draw government's attention to economy Influx of devotees in Muktinath (Photo Feature)
IAEA Says Ukraine Has Requested Help Safeguarding Nuclear Plants
We are trying to have more Nepali workers in Japan: Deputy Assistant Minister Iwamoto Three new cases, 48 recoveries in 24 hours CPN (Unified Socialist) forms Election Mobilization Committee CPN (Unified Socialist) forms Election Mobilization Committee
Chinese Ambassador Hou Yanqi sings Nepali song Resham Felili
Provincial, district committees of ruling parties likely to be asked to forge consensus on electoral coalition by April 13 Chief Minister Rai calls for opening export-oriented industries Chinese Ambassador Hou Yanqi sings Nepali song Resham Felili Influx of devotees in Muktinath (Photo Feature)
CPN (Unified Socialist) forms Election Mobilization Committee
Issues of price increment of petroleum goods will be resolved: Minister Badu Former Finance Ministers draw government's attention to economy Influx of devotees in Muktinath (Photo Feature) Issues of price increment of petroleum goods will be resolved: Minister Badu
Three new cases, 48 recoveries in 24 hours
IAEA Says Ukraine Has Requested Help Safeguarding Nuclear Plants Former Finance Ministers draw government's attention to economy Buddhakrishna piercing his tongue for the ninth time, says it'll be his last NBA decides not to issue LC for import of essentials
Buddhakrishna piercing his tongue for the ninth time, says it'll be his last
CPN (Unified Socialist) forms Election Mobilization Committee Buddhakrishna piercing his tongue for the ninth time, says it'll be his last Three new cases, 48 recoveries in 24 hours Chief Minister Rai calls for opening export-oriented industries
2,593 foreign tourists arrived in Nepal yesterday
Three new cases, 48 recoveries in 24 hours Buddhakrishna piercing his tongue for the ninth time, says it'll be his last We are trying to have more Nepali workers in Japan: Deputy Assistant Minister Iwamoto Chinese Ambassador Hou Yanqi sings Nepali song Resham Felili
NBA decides not to issue LC for import of essentials
Buddhakrishna piercing his tongue for the ninth time, says it'll be his last Chinese Ambassador Hou Yanqi sings Nepali song Resham Felili Influx of devotees in Muktinath (Photo Feature) Influx of devotees in Muktinath (Photo Feature)
