Business Press

Challenges to new FinMin: From budget implementation to economic recovery

July 19, 2021

KATHMANDU : CPN (Maoist Centre) leader Janardan Sharma has been entrusted with the responsibility of Finance Ministry in the newly formed Sher Bahadur Deuba-led government. Sharma is not an economist like the previous one. Sharma, who was appointed as the Finance Minister in a five-party coalition government, has serious...

Lumbini Province brings budget thru ordinance

Lumbini Province brings budget thru ordinance

National Payment Switch to be built within next fiscal year, Nepal’s own payment card being constructed

National Payment Switch to be built within next fiscal year, Nepal’s own payment card being constructed

Repeated cyber attacks reflect the weakness of banking system security in Nepal

Repeated cyber attacks reflect the weakness of banking system security in Nepal

Fuel price hike 15 times in one year, Corporation still at loss

Fuel price hike 15 times in one year, Corporation still at loss

We will provide internet access to every village of the country within a year: ISPAN President Sudhir Parajuli

We will provide internet access to every village of the country within a year: ISPAN President Sudhir Parajuli

Government fails to implement budget again, coronavirus continues to affect expenditure

Government fails to implement budget again, coronavirus continues to affect expenditure

Export trade of Nepal dependent on India’s mood, palm oil exports arbitrary

Export trade of Nepal dependent on India’s mood, palm oil exports arbitrary

Upcoming Monetary Policy discussion: Experts say credit policy needs to change

Upcoming Monetary Policy discussion: Experts say credit policy needs to change

International flight schedule made public, 21 flights to be operated per week

International flight schedule made public, 21 flights to be operated per week

64 domestic flights per day to be operated from Thursday by adopting all health and safety measures

64 domestic flights per day to be operated from Thursday by adopting all health and safety measures

Private sector estimates that 50 days of prohibitory orders cause loss worth 400 Billion

Private sector estimates that 50 days of prohibitory orders cause loss worth 400 Billion

25% of budget can now be transferred by Secretary of concerned ministry, concerns over misuse of new rules increase

25% of budget can now be transferred by Secretary of concerned ministry, concerns over misuse of new rules increase

10 months of foreign trade: Soybean oil boosts exports

10 months of foreign trade: Soybean oil boosts exports

Ministry awaits decision by CCMC to resume domestic flights

Ministry awaits decision by CCMC to resume domestic flights

Customers required to visit banks for online services as digital banking remains limited to name only

Customers required to visit banks for online services as digital banking remains limited to name only

A sugarcoated budget that will do little for the economy: Pro-Congress Economists

A sugarcoated budget that will do little for the economy: Pro-Congress Economists

Second wave of the pandemic brings extreme crisis to tourism sector

Second wave of the pandemic brings extreme crisis to tourism sector

Private sector largely affected by COVID second wave, 3 million jobs claimed to be lost

Private sector largely affected by COVID second wave, 3 million jobs claimed to be lost

Policies and programs not being introduced this year, Budget Speech to be held at the Office of Prime Minister

Policies and programs not being introduced this year, Budget Speech to be held at the Office of Prime Minister

Struggle of budgeting: Burden of elections on a pandemic-attacked nation

Struggle of budgeting: Burden of elections on a pandemic-attacked nation

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