In September 2016, the Finance Ministry agreed to act as a guarantor on behalf of NAC to procure loans for the purchase of two wide-body aircraft. A unanimous decision was made by the board of Nepal …
School and hostel built with India’s financial assistance inaugurated in Nepal’s Khotang
Kathmandu [Nepal], April 4 (ANI): A school and hostel building built in Khotang district of Eastern Nepal with financial assistance under the Government of India’s High Impact Community Development …
TI Nepal concerned over recommendation of Raya as Auditor General
Nepal has expressed concern over the recommendation of Toyam Raya to the post of Auditor General by the Constitutional Council.
EC Orders Strict Vigilance Along India’s Border With Myanmar, Nepal & B’desh
The Election Commission (EC) on Wednesday directed the central agencies to ensure strict vigilance is maintained along the …
World Bank predicts modest growth for Nepal’s economy
The global lender says the country will grow by 3.3 percent this fiscal year, nearly half the government’s projection.
World Bank projects Nepal’s economic growth to be 3.3 per cent in 2024
Kathmandu [Nepal], April 2 (ANI): The World Bank (WB … improving business climates and institutions, removing financial sector restrictions, improving education, and strengthening legal protection …
How Will Nepal’s Government Respond to Victims of Loan Sharks?
Victims of loan sharks converged in the Nepali capital Kathmandu on February 23 to protest their exploitation by predatory lenders. Similar demonstrations were staged in other towns as well.
Fakhruddin Ahmed joins NCINGA to lead expansion in Bangladesh, Nepal and Bhutan
Global technology services provider NCINGA has appointed Fakhruddin Ahmed as the Managing Director of Bangladesh in its latest strategic move. Fakhruddin’s …
Government of Nepal, Multilateral Developments Banks, and International Financial Institutions Agree on Harmonization of Disbursement Practices
The Government of Nepal and six Multilateral Developments Banks (MDBs) and International Financial Institutions (IFIs)—Agence Française de Développement, Asian Development Bank, Asian Infrastructure …
Nepal villagers duped into selling kidneys and told organ would regrow – now country faces new health crisis
The village of Hokse in Nepal is known as Kidney Valley because someone from almost every household has sold the human organ. Now poverty is fuelling another health crisis in the country – with …