17 results for "Economic Growth"
Finance Minister Dr. Swarnim Wagle has departed for Bangkok, Thailand, to attend the World Bank Group and International Monetary Fund (IMF) Annual Meetings, scheduled for October 12–18. He is expected to participate in more than 16 bilateral and multilateral engagements focused on Nepal's economic priorities, development financing and international cooperation.
The government has prepared a private investment protection strategy that proposes an Industrial Security Force, peace zones for industrial areas, continuous highway patrols, relief for damaged businesses and at least five years of stability for tax incentives.
Finance Minister Swarnim Wagle says Nepal must increase domestic revenue, expand the tax base and reduce dependence on loans under the Rs 2.124 trillion budget.
Finance Minister Swarnim Wagle has called for amendments to the Nepal Rastra Bank Act to make the central bank more proactive and accountable, while supporting a seven member board, two deputy governors and wider expert representation.
Nepal Government is preparing to increase the VAT-free electricity consumption limit from 50 to 150 units. The proposal could benefit over 46 lakh households by reducing monthly electricity bills.
During an hour long meeting, the Prime Minister called for easier lending rules, supportive interest rates, stronger investor confidence, and special financial access for women and entrepreneurs from disadvantaged regions.
Nepal Rastra Bank's latest macroeconomic report paints a picture of an economy that is financially stable but still faces long-term structural challenges. Foreign exchange reserves have reached record levels, remittances continue to grow strongly and inflation remains relatively moderate. At the same time, imports continue to outpace exports, private sector lending remains weak and government capital spending has slowed. This feature explains the latest economic indicators—including inflation, foreign exchange reserves, trade, remittances, banking, interest rates, and government finances in simple language, helping readers understand what the numbers really mean for Nepal's economy and for everyday life.
Gandaki Province Legalizes Marijuana Cultivation For Medicinal And Industrial Use As Provincial Assembly Unanimously Passes New Law To Boost Investment, Create Jobs And Support Industrial Growth
Norwegian Ambassador Dagny Mjøs Meets Energy Minister Biraj Bhakta Shrestha To Discuss Nepal’s Next Phase Of Energy Development With Focus On Electricity Use, Transmission, Distribution, Efficiency And Sustainable Economic Growth
Prime Minister Balen Shah met Asian Development Bank President Masato Kanda following Nepal's Rs 22 billion concessional loan agreement with ADB. The funding will modernize customs, reduce trade costs, improve cross-border trade efficiency, and support job creation.
Germany has committed 37.6 million euros in development assistance to Nepal for the 2026–2027 period, focusing on key sectors including energy, health, and sustainable economic growth. The commitment was made during bilateral development cooperation talks held in Kathmandu, where both countries agreed to deepen their long-standing partnership.
The Government of Nepal has announced plans to establish a sovereign wealth fund under the budget 2083/84.
Experts and stakeholders have suggested raising Nepal’s income tax exemption limit to NRs 12 lakh, saying it could reduce pressure on low and middle-income earners amid rising living costs.
MP Sumnima Udas Says Global Trust In Economy Depends On Financial Credibility Warns FATF Grey List Status May Hurt Remittance, Investment, and Tourism In Nepal And Calls For Strong Action Against Informal Economy And Regulatory Weakness
A quick look at how ChatGPT is changing the way people communicate, work, and create content in the digital age.
New policies aim to accelerate economic growth and create millions of jobs across key sectors including manufacturing and technology.
