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Tag: Nepal

Posted on April 10, 2022

NRB Governor was suspended to cover up FinMin Sharma’s incompetence: Ex-finance ministers

Former finance ministers representing the CPN-UML in past governments have condemned the government’s move to suspend Nepal Rastra Bank (NRB) Governor Maha Prasad Adhikari.

( read original story …)



Posted on April 10, 2022

A day might come for Finance Minister Sharma to flee the country : UML leader Pandey

KATHMANDU: CPN-UML Vice Chairman and former Finance Minister Surendra Pandey has hoped that Nepal will not see a situation in which Finance Minister Janardan Sharma will have to flee the country.

( read original story …)



Posted on April 10, 2022

Nepal suspends Central Bank Governor amid forex woes

According to sources, differences had emerged between Adhikari and Sharma in the wake of the dwindling forex reserves and the current state of Nepal’s economy.

( read original story …)



Posted on April 10, 2022

Nepal suspends central bank governor Maha Prasad Adhikari amid forex woes

In a rare move, the Nepal government has suspended the country’s Central Bank Governor Maha Prasad Adhikari over disagreements with Finance Minister Janardhan Sharma and for not doing enough to pull …

( read original story …)



Posted on April 10, 2022

Pressure to legalize illegal foreign currency is a crime: Former Finance Minister Pandey

The CPN-UML has accused the government of suspending the governor of Nepal Rastra Bank (NRB) to cover up its incompetence.

( read original story …)



Posted on April 10, 2022

Nepal bans luxury items’ imports amid dwindling forex reserves: Report

The biggest challenge at hand for the Nepalese government is the proper management of forex reserves, said Nepal Rastra Bank (NRB) spokesperson Gunakar Bhatta.

( read original story …)



Posted on April 9, 2022

Tourist activity slowly picking up in Nepal as Covid restrictions are eased

The tourism sector, the backbone of the Nepalese economy, came to a griding halt in April 2020 due to the COVID-19 pandemic, officials said on Saturday …

( read original story …)



Posted on April 9, 2022

‘Nepal’s economy won’t face crisis like Sri Lanka’

“The situation facing Sri Lanka and our economy is completely different. So instead of creating a panic by comparing Nepal’s economy with that of Sri Lanka, let’s focus on improvi …

( read original story …)



Posted on April 9, 2022

‘Nepal’s economy won’t face crisis like Sri Lanka’

“The situation facing Sri Lanka and our economy is completely different. So instead of creating a panic by comparing Nepal’s economy with that of Sri Lanka, let’s focus on improvi …

( read original story …)



Posted on April 9, 2022

‘Nepal’s economy won’t face crisis like Sri Lanka’

“The situation facing Sri Lanka and our economy is completely different. So instead of creating a panic by comparing Nepal’s economy with that of Sri Lanka, let’s focus on improvi …

( read original story …)



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