Finance

Kathmandu: The Government of Japan has agreed to provide a grant assistance of Rs. 280 million to the School Sector Development Program (SSDP) of Nepal. The Exchange of Notes to this effect was signed and exchanged between the Government of Nepal and the Government of Japan at the Ministry of Finance here on Tuesday. The SSDP is a continuation of ...

Kathmandu: The Ministry of Culture, Tourism and Civil Aviation is doing homework to begin air services with Australia and Cambodia. Joint Secretary at the Ministry, Buddhi Sagar Lamichhane, said that talks were going on with the representatives of both the countries to sign agreements for direct flights there. So far, Nepal has signed air service ...

Kathmandu: The World Bank (WB) has agreed to provide Nepal government with Rs 19 billion loan assistance for increasing the quality of education. An agreement to this effect was signed by and exchanged between Secretary of Finance Ministry Shanta Raj Subedi and World Bank Nepal Country Manager Takuya Kamata amid a function at the ministry today. T...

Kathmandu: Foreign employment aspirants should compulsorily have a bank account before leaving for abroad. The government introduced this provision in the budget for the upcoming fiscal year 2017-18. Presenting the budget, Finance Minister Krishna Bahadur Mahara said migrant workers would use the same bank account they opened before going for fore...

Kathmandu: The government has set the target of 7.2 per cent of economic growth rate in the upcoming fiscal year. Releasing the annual budget for the fiscal year 2017/018, Deputy Prime Minister and Minister for Finance Krishna Bahadur Mahara said the country shall witness rapid economic development following massive progress in economic mobilizati...

Kathmandu, May 8: The Governor of Nepal Rastra Bank (NRB) Dr Chiranjivi Nepal has claimed that the budget for the fiscal year 2074/075 BS would be historic. At a pre-budget discussion programme organized here by the central bank Monday, the Governor said that the new budget would be brought in a new paradigm with the implementation of the federalis...

Kathmandu, April 25: A banking expo is being organised at local Bhrikutimandap from April 28 in collaboration with the Nepal Rastra Bank (NRB), Bankers Association, Development Bankers Association and Micro Finance Development Bankers Association. According to NRB deputy director Bibhu Prasad Aryal, this type of expo going to be organised for the ...

Kathmandu, March 3: Indian Finance Minister Arun Jaitley has said that Nepal would get exchange facility for demonetized Indian currency with the denominations of 500 and 1,000. Talking to journalists on Friday, the Indian Finance Minister, who arrived in Nepal for his deliberation on 'Nepal Investment Summit', said the central banks of both Nepal ...

5, Feb DOHA, Qatar – It was a historic moment for Qatar Airways today, as it launched its new record-breaking Auckland service on one of the country’s most significant days of the year – Waitangi Day. As the first Qatar Airways flight touched down on the North Island of New Zealand, just after sunrise – a new chapter in the airline’s history bega...