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
POLITICS
Cabinet passes budget for FY 2023/24
Cabinet passes budget for FY 2023/24
KATHMANDU, May 29: The budget for the next fiscal year 2023/24 has been passed by the Cabinet meeting held on Monday. The Prime Minister and the Council of Ministers approved the budget.
May 29, 2023
ECONOMY
NEA becomes most profitable public enterprise surpassing Nepal Telecom
NEA becomes most profitable public enterprise surpassing Nep...
KATHMANDU, May 29: Nepal Electricity Authority (NEA) has earned more profit than Nepal Telecom. In the Fiscal Year (FY) 2022/23, the state-owned power utility earned Rs 13.37 billion net profit, while the profit of Nepal Telecom has been limited to Rs 8.47 billion.
May 29, 2023
POLITICS
Annual development program and three-year medium-term expenditure framework approved
Annual development program and three-year medium-term expend...
KATHMANDU, May 29: The full meeting of the National Planning Commission (NPC) has passed the annual program and medium-term expenditure framework to be submitted to the parliament along with the budget.
May 29, 2023
SPORTS
Nepal loses to Malaysia by 5 wickets in T20 Women’s Series
Nepal loses to Malaysia by 5 wickets in T20 Women’s Series
KATHMANDU, May 29: Malaysia beat Nepal by five wickets in the first match of the five-match under T20 Women’s series at the YSD-UKM Oval in Malaysia on Monday.
May 29, 2023