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<p style="text-align: justify;">The task force of the IMF also called &lsquo;Article IV&rsquo; had presented its report at its board on the basis of the indices of Nepali economy and consultations with the policy makers, regulatory bodies and the private sector.</p>

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<p style="text-align: justify;">This suggestion is noteworthy in the context that a tendency continues for bringing a big budget by violating the National Planning Commission (NPC) ceiling every year. The budget that is brought to show off to the opposition and to raise high hopes among the people has only increased consumer expectations and prices. The IMF, indicating this, has said such budget risks inflation and instability in exchange rate in economy. &nbsp;The IMF has given its view in favour of controlled monetary policy for minimizing the risks of weak implementation of a large budget.&nbsp;</p>

<p style="text-align: justify;">The Fund said the government should adopt a strict strategy to control in monetary policy so as to control inflation by minimizing risks of expansive financial policy. The Fund also said the central bank should also be alert in the instability of exchange rate caused by a bigger budget at a time when remittances inflow is coming down. However, the fund has lauded the interest corridor implemented by the central bank since last year.</p>

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<p style="text-align: justify;">The task force of the IMF also called &lsquo;Article IV&rsquo; had presented its report at its board on the basis of the indices of Nepali economy and consultations with the policy makers, regulatory bodies and the private sector.</p>

<p style="text-align: justify;">&nbsp;The IMF press release states that it is appropriate for Nepal to bring a budget as per the structure of midterm expenditure rather than a large budget that is out of its spending capacity.</p>

<p style="text-align: justify;">This suggestion is noteworthy in the context that a tendency continues for bringing a big budget by violating the National Planning Commission (NPC) ceiling every year. The budget that is brought to show off to the opposition and to raise high hopes among the people has only increased consumer expectations and prices. The IMF, indicating this, has said such budget risks inflation and instability in exchange rate in economy. &nbsp;The IMF has given its view in favour of controlled monetary policy for minimizing the risks of weak implementation of a large budget.&nbsp;</p>

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<p style="text-align: justify;">&nbsp;The Fund statement says that the central bank should fix the minimum limitation of interest rate to make the interest corridor effective and to stop the fluctuation of interest rate in the financial sector. &nbsp;The IMF has also suggested giving continuity to the Financial Sector Reform Programme by the government for risk minimization in financial sector due to the unproductive sector loans.</p>

<p style="text-align: justify;">It mentioned that implementation side is a impediment to&nbsp; economic growth even if there is enough possibility of high economic growth in Nepal and suggested to attract investment from the private sector in roads, hydropower projects and large infrastructures for attaining high, sustained and&nbsp; inclusive economic growth.</p>
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<p style="text-align: justify;">This suggestion is noteworthy in the context that a tendency continues for bringing a big budget by violating the National Planning Commission (NPC) ceiling every year. The budget that is brought to show off to the opposition and to raise high hopes among the people has only increased consumer expectations and prices. The IMF, indicating this, has said such budget risks inflation and instability in exchange rate in economy. &nbsp;The IMF has given its view in favour of controlled monetary policy for minimizing the risks of weak implementation of a large budget.&nbsp;</p>

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<p style="text-align: justify;">The task force of the IMF also called &lsquo;Article IV&rsquo; had presented its report at its board on the basis of the indices of Nepali economy and consultations with the policy makers, regulatory bodies and the private sector.</p>

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<p style="text-align: justify;">The task force of the IMF also called &lsquo;Article IV&rsquo; had presented its report at its board on the basis of the indices of Nepali economy and consultations with the policy makers, regulatory bodies and the private sector.</p>

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<p style="text-align: justify;">This suggestion is noteworthy in the context that a tendency continues for bringing a big budget by violating the National Planning Commission (NPC) ceiling every year. The budget that is brought to show off to the opposition and to raise high hopes among the people has only increased consumer expectations and prices. The IMF, indicating this, has said such budget risks inflation and instability in exchange rate in economy. &nbsp;The IMF has given its view in favour of controlled monetary policy for minimizing the risks of weak implementation of a large budget.&nbsp;</p>

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NEWS

Budget as Per Your Capacity: IMF

Environment for targeted growth

Apr 09, 2017 2 min 22 sec to read

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<p style="text-align: justify;">The task force of the IMF also called &lsquo;Article IV&rsquo; had presented its report at its board on the basis of the indices of Nepali economy and consultations with the policy makers, regulatory bodies and the private sector.</p>

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<p style="text-align: justify;">The task force of the IMF also called &lsquo;Article IV&rsquo; had presented its report at its board on the basis of the indices of Nepali economy and consultations with the policy makers, regulatory bodies and the private sector.</p>

<p style="text-align: justify;">&nbsp;The IMF press release states that it is appropriate for Nepal to bring a budget as per the structure of midterm expenditure rather than a large budget that is out of its spending capacity.</p>

<p style="text-align: justify;">This suggestion is noteworthy in the context that a tendency continues for bringing a big budget by violating the National Planning Commission (NPC) ceiling every year. The budget that is brought to show off to the opposition and to raise high hopes among the people has only increased consumer expectations and prices. The IMF, indicating this, has said such budget risks inflation and instability in exchange rate in economy. &nbsp;The IMF has given its view in favour of controlled monetary policy for minimizing the risks of weak implementation of a large budget.&nbsp;</p>

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<p style="text-align: justify;">&nbsp;The Fund statement says that the central bank should fix the minimum limitation of interest rate to make the interest corridor effective and to stop the fluctuation of interest rate in the financial sector. &nbsp;The IMF has also suggested giving continuity to the Financial Sector Reform Programme by the government for risk minimization in financial sector due to the unproductive sector loans.</p>

<p style="text-align: justify;">It mentioned that implementation side is a impediment to&nbsp; economic growth even if there is enough possibility of high economic growth in Nepal and suggested to attract investment from the private sector in roads, hydropower projects and large infrastructures for attaining high, sustained and&nbsp; inclusive economic growth.</p>
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April 9: The International Monetary Fund (IMF) has suggested that the government formulate budget on the basis of its capacity to spend rather than for the sake of making it larger.

This suggestion from IMF came on the basis of its study and consultations it conducted with the stakeholders in February regarding the macroeconomic situation of Nepal, at a time when the government is making preparations for the budget of the next fiscal year 2017- 18.

The task force of the IMF also called ‘Article IV’ had presented its report at its board on the basis of the indices of Nepali economy and consultations with the policy makers, regulatory bodies and the private sector.

The IMF press release states that it is appropriate for Nepal to bring a budget as per the structure of midterm expenditure rather than a large budget that is out of its spending capacity.

This suggestion is noteworthy in the context that a tendency continues for bringing a big budget by violating the National Planning Commission (NPC) ceiling every year. The budget that is brought to show off to the opposition and to raise high hopes among the people has only increased consumer expectations and prices. The IMF, indicating this, has said such budget risks inflation and instability in exchange rate in economy. The IMF has given its view in favour of controlled monetary policy for minimizing the risks of weak implementation of a large budget.

The Fund said the government should adopt a strict strategy to control in monetary policy so as to control inflation by minimizing risks of expansive financial policy. The Fund also said the central bank should also be alert in the instability of exchange rate caused by a bigger budget at a time when remittances inflow is coming down. However, the fund has lauded the interest corridor implemented by the central bank since last year.

The Fund statement says that the central bank should fix the minimum limitation of interest rate to make the interest corridor effective and to stop the fluctuation of interest rate in the financial sector. The IMF has also suggested giving continuity to the Financial Sector Reform Programme by the government for risk minimization in financial sector due to the unproductive sector loans.

It mentioned that implementation side is a impediment to economic growth even if there is enough possibility of high economic growth in Nepal and suggested to attract investment from the private sector in roads, hydropower projects and large infrastructures for attaining high, sustained and inclusive economic growth.

Complaint Filed at CIAA Against Kulman Ghising

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<p style="text-align: justify;">The task force of the IMF also called &lsquo;Article IV&rsquo; had presented its report at its board on the basis of the indices of Nepali economy and consultations with the policy makers, regulatory bodies and the private sector.</p>

<p style="text-align: justify;">&nbsp;The IMF press release states that it is appropriate for Nepal to bring a budget as per the structure of midterm expenditure rather than a large budget that is out of its spending capacity.</p>

<p style="text-align: justify;">This suggestion is noteworthy in the context that a tendency continues for bringing a big budget by violating the National Planning Commission (NPC) ceiling every year. The budget that is brought to show off to the opposition and to raise high hopes among the people has only increased consumer expectations and prices. The IMF, indicating this, has said such budget risks inflation and instability in exchange rate in economy. &nbsp;The IMF has given its view in favour of controlled monetary policy for minimizing the risks of weak implementation of a large budget.&nbsp;</p>

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<p style="text-align: justify;">This suggestion is noteworthy in the context that a tendency continues for bringing a big budget by violating the National Planning Commission (NPC) ceiling every year. The budget that is brought to show off to the opposition and to raise high hopes among the people has only increased consumer expectations and prices. The IMF, indicating this, has said such budget risks inflation and instability in exchange rate in economy. &nbsp;The IMF has given its view in favour of controlled monetary policy for minimizing the risks of weak implementation of a large budget.&nbsp;</p>

<p style="text-align: justify;">The Fund said the government should adopt a strict strategy to control in monetary policy so as to control inflation by minimizing risks of expansive financial policy. The Fund also said the central bank should also be alert in the instability of exchange rate caused by a bigger budget at a time when remittances inflow is coming down. However, the fund has lauded the interest corridor implemented by the central bank since last year.</p>

<p style="text-align: justify;">&nbsp;The Fund statement says that the central bank should fix the minimum limitation of interest rate to make the interest corridor effective and to stop the fluctuation of interest rate in the financial sector. &nbsp;The IMF has also suggested giving continuity to the Financial Sector Reform Programme by the government for risk minimization in financial sector due to the unproductive sector loans.</p>

<p style="text-align: justify;">It mentioned that implementation side is a impediment to&nbsp; economic growth even if there is enough possibility of high economic growth in Nepal and suggested to attract investment from the private sector in roads, hydropower projects and large infrastructures for attaining high, sustained and&nbsp; inclusive economic growth.</p>
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file not found!

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FOREX

Currency	Unit	Buy	Sell
U.S. Dollar	1	121.23	121.83
European Euro	1	131.65	132.31
UK Pound Sterling	1	142.47	143.18
Swiss Franc	1	124.29	124.90
Australian Dollar	1	71.69	72.05
Canadian Dollar	1	83.90	84.32
Japanese Yen	10	10.94	11.00
Chinese Yuan	1	17.17	17.26
Saudi Arabian Riyal	1	32.27	32.43
UAE Dirham	1	33.01	33.17
Malaysian Ringgit	1	27.36	27.50
South Korean Won	100	9.77	9.82

Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)

Bullion

Fine Gold	1 tola	77000.00
Tejabi Gold	1 tola	76700.00
Silver	1 tola	720.00

Update : 2020-03-25

Source: Federation of Nepal Gold and Silver Dealers' Association

Petroleum

Petrol	1 Liter	106.00
Diesel	1 Liter	95.00
Kerosene	1 Liter	95.00
LP Gas	1 Cylinder	1375.00

Update : 2020-03-25

Budget as Per Your Capacity: IMF

Environment for targeted growth

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