In 2020, the International Monetary Fund (IMF) directed the governments of 15 countries, including Nepal, to reduce their public expenditure. This has greatly impacted teachers after the COVID-19 …
Nepal’s economy cannot be compared to Sri Lankan economy: CNI
A delegation including President of Confederation of Nepalese Industries (CNI) Vishnu Kumar Agrawal has called on Finance Minister Janardan Sharma. During the meeting held at the Ministry of Finance, …
Is Nepal heading down Sri Lanka’s path?
The Association of Nepalese Rice, Oil and Pulses Industry on Sunday asked the Ministry of Finance to put up import restrictions on rice and pulses after Nepal’s central bank asked commercial banks to …
Send money to increase forex reserves: Nepal to citizens abroad
Nepal’s Finance Minister Janardan Sharma on Saturday asked Nepalese citizens living abroad to deposit funds in domestic banks as part of efforts to preserve foreign exchange reserves. If one lakh …
Nepal Finance Minister calls non-residents to open dollar accounts in Himalayan nation
The Nepal Government has urged Nepalese residing in foreign countries to open dollar accounts in banks in the country and make investments amidst the economic crisis in the Himalayan nation. Nepal’s …
Nepal finance minister invites non-residents to open dollar accounts
The Nepal government has urged Nepalese residing in foreign countries to open dollar accounts in banks in the country and make investments amidst the economic crisis in the Himalayan nation.
If 100,000 NRNs open bank accounts in Nepal, there will be no liquidity crisis: FinMin
Finance Minister Janardan Sharma has urged Nepalis around the world to open dollar accounts in Nepali banks and invest in them.
Bangladesh, Nepal celebrate new years after pandemic pause
After a two-year break, thousands of people in Bangladesh and Nepal have celebrated their respective new years with colorful processions and musical soirees as the coronavirus pandemic eased and life …
Alarm bells over Nepal’s dwindling forex reserves
What has led to loss of remittances? What are the external factors pushing Nepal towards double digit inflation?
How the rising cost of living crisis is impacting Nepal
As the sole earner for her family Pampha Khartri is looking for extra work to cover her outgoings “We are struggling to manage our expenses, as [the] cost of essentials is going up,” says Pampha …