ECONOMY
Budget for Ministry of Physical Infrastructure and Transport downsized by Rs 30 billion
Budget for Ministry of Physical Infrastructure and Transport...
KATHMANDU, May 29: The government has allocated Rs 131 .59 billion for the Ministry of Physical Infrastructure and Transport.
May 29, 2023
ECONOMY
Govt hikes health sector budget by Rs 14 billion in FY 2023/24
Govt hikes health sector budget by Rs 14 billion in FY 2023/...
KATHMANDU, May 29: The government has increased the budget for the health sector by Rs 14 billion in the new budget for the Fiscal Year (FY) 2023/24.
May 29, 2023
ECONOMY
Govt to reduce ground handling fees for foreign airlines operating from Gautam Buddha, Pok...
Govt to reduce ground handling fees for foreign airlines ope...
KATHMANDU, May 29: In a move to enhance international air connectivity, the government has announced a reduction in ground handling fees for foreign airline companies operating flights to and from the Gautam Buddha International Airport (GBIA) and Pokhara Regional International Airport (PRIA).
May 29, 2023
ECONOMY
Govt removes minimum threshold for foreign investment in IT sector
Govt removes minimum threshold for foreign investment in IT...
KATHMANDU, May 29: The government has removed the minimum thresholdor foreign investment in the information technology sector.
May 29, 2023
ECONOMY
Ministry of Agriculture and Livestock Development receives record-high budget allocation
Ministry of Agriculture and Livestock Development receives r...
KATHMANDU, May 29: The government has allocated Rs 58.98 billion for the Ministry of Agriculture and Livestock Development for the upcoming fiscal year (FY) 2023/24.
May 29, 2023
ECONOMY
Rs 1.5 billion budget allocation for Chure conservation
Rs 1.5 billion budget allocation for Chure conservation
KATHMANDU, May 29: The government has allocated Rs 1.5 billion for the Chure conservation program.
May 29, 2023
ECONOMY
New budget prioritizes agriculture, tourism and mega development projects for broad-based...
New budget prioritizes agriculture, tourism and mega develop...
KATHMANDU, May 29: Finance Minister Dr Prakash Sharan Mahat has emphasized prioritizing agriculture, tourism, and development projects for broad economic growth.
May 29, 2023
ECONOMY
Govt doubles the budget for the procurement of chemical fertilizers
Govt doubles the budget for the procurement of chemical fert...
KATHMANDU, May 29: The government has doubled the budget for the procurement of chemical fertilizers.
May 29, 2023
ECONOMY
Govt to auction unused vehicles and goods, decides not to purchase new vehicles
Govt to auction unused vehicles and goods, decides not to pu...
KATHMANDU, May 29: The government has announced that it will not buy new vehicles in the next fiscal year (FY) 2023/24.
May 29, 2023
ECONOMY
Nepal’s recurrent expenditure exceeds Rs 1.225 trillion
Nepal’s recurrent expenditure exceeds Rs 1.225 trillion
KATHMANDU, May 29: At the joint session of the federal parliament on Monday, Finance Minister Prakash Sharan Mahat announced that Nepal’s recurrent expenditure has surpassed Rs 1.225 trillion. Additionally, revenue collection is anticipated to decline by six percent in FY 2023/24.
May 29, 2023