NEWS

Budget Fails to Accept Realities of Economy: Former Finance Minister Paudel
Budget Fails to Accept Realities of Economy: Former Finance Minister Paudel
  0   6 minutes 55 seconds to read

June 11: Lawmaker and former Finance Minister Bishnu Prasad Paudel has said that the budget for the upcoming fiscal  year 2023-24 has failed to accept the reality of economic slowdown and to fall in line with the government policies and…

Trade Deficit Declines by 15.9 Percent
Trade Deficit Declines by 15.9 Percent
  0   2 minutes 8 seconds to read

June 9: Nepal’s trade deficit decreased by 15.9 percent in the first ten months of the current fiscal year compared to the corresponding period of last fiscal year.…

Consumer Price Inflation Remains at 7.41 Percent
Consumer Price Inflation Remains at 7.41 Percent
  0   1 minutes 19 seconds to read

June 9: The year-on-year (y-o-y) consumer price inflation remained at 7.41 percent in mid-May 2023 compared to 7.87 percent a year ago, according to the latest report of Nepal Rastra Bank…

Current Account in Deficit, BoP Registers Surplus
Current Account in Deficit, BoP Registers Surplus
  0   1 minutes 39 seconds to read

June 9: The current account remained at a deficit of Rs 54.67 billion in the first ten months of the current fiscal year compared to a deficit of Rs 545.06 billion in the same period of the previous…

Foreign Exchange Reserves Witness Remarkable Growth
Foreign Exchange Reserves Witness Remarkable Growth
  0   1 minutes 20 seconds to read

Nepal's foreign exchange reserves have significantly surged. The economic and financial reported published by Nepal Rastra Bank on Friday states that the current fiscal year's foreign exchange reserves have increased by 20.9 percent until…

Remittance Inflow Increases 23.4 Percent
Remittance Inflow Increases 23.4 Percent
  0   1 minutes 19 seconds to read

June 9: Remittance inflow into Nepal in the first ten months of the current fiscal year has reached Rs 1005.18…