KAROBAR CORRESPONDENT
Wednesday, Jul 01, 2020

Faris Hadad-Zervos is the World Bank’s new Country Director for Maldives, Nepal and Sri Lanka, effective from Wednesday. Based in the sub-regional office in Kathmandu, Nepal, he will lead World Bank support to Maldives, Nepal and Sri Lanka, overseeing the current total portfolio of around $5.5 billion.

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KAROBAR CORRESPONDENT
Monday, Jun 22, 2020

Production and employment will be featured as the areas of special priorities in the Chandragiri municipality’s budget for the upcoming fiscal year.

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RSS
Sunday, Jun 14, 2020

Chairperson of the International Affairs Committee of the parliament, Pabitra Niraula, presented its annual report for the year 2077 BS in the meeting of House of Representatives (HoR) today. joint committees.

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KAROBAR CORRESPONDENT
Thursday, Jun 04, 2020

The World Bank Board of Executive Directors on Wednesday approved a $100 million Development Policy Credit (DPC) to continue support to the Nepal in improving the financial viability and governance of the electricity sector and recovering from the Covid-19 crisis.

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KAROBAR CORRESPONDENT
Thursday, Jun 04, 2020

The government has spent Rs 125 million per day – in the last 80 days – to fight Covid-19 pandemic, though the number of coronavirus has crossed over 2,300.

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KAROBAR CORRESPONDENT
Wednesday, May 27, 2020

The Asian Development Bank (ADB) today approved a $250 million concessional loan to help Nepal fund its response to the novel coronavirus disease (Covid-19) pandemic, which includes measures to strengthen the country’s public health systems and mitigate the adverse economic and social impacts of the pandemic, particularly on the poor.

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KAROBAR CORRESPONDENT
Tuesday, May 19, 2020

Covid-19 (coronavirus) pandemic and shutdown of advanced economies could push as many as 60 million people into extreme poverty, according to the World Bank.

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KAROBAR CORRESPONDENT
Friday, May 15, 2020

The global economy could suffer between $5.8 trillion and $8.8 trillion in losses – equivalent to 6.4 per cent to 9.7 per cent of global gross domestic product (GDP) – as a result of the novel coronavirus disease (Covid-19) pandemic, says a new report released by the Asian Development Bank (ADB) today.

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KAROBAR CORRESPONDENT
Friday, May 08, 2020

Nepal's score on budget transparency has dropped in the 2019 round of biennial Open Budget Survey (OBS) – the research instrument using internationally accepted criteria to assess public access to central government budget information, formal opportunities for the public to participate in the national budget process; and the role of budget oversight institutions such as the legislature and auditor in the budget process.

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RSS
Monday, May 04, 2020

Former finance ministers have suggested the government to bring budget of coming fiscal year with a priority to agro modernization, employment promotion, development of big infrastructure and export-oriented industries.

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RSS
Monday, Mar 30, 2020

The government has made all possible efforts to reduce the impact of COVID-19 and the subsequent fears.

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RSS
Friday, Mar 13, 2020

The price of gold fell by Rs 3,000 per tola (11.66 grammes) in the domestic market today in comparison to the previous day. The drop of this level was not expected.

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RSS
Monday, Mar 02, 2020

Out of the total fertile land in the country, sugarcane is being cultivated on around 81,000 hectares of land. Though Nepal is in the 33rd position among the countries producing sugarcane in the world, sugarcane farming is not prospering in this situation also.

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RSS
Wednesday, Feb 26, 2020

Nepal was ranked 94 out of 190 economies on the Doing Business 2020 ranking marking a significant shift for the country into the top 100 economies on the ease of doing business. As a part of the government’s ongoing efforts to improve the country’s investment climate reforms, the Office of the Prime Minister & Council of Ministers (OPMCM) and Ministry of Finance with the support of the World Bank Group organized a workshop to develop institutional arrangements for the newly formed Coordination Centre in OPMCM and put together an implementation plan for Doing Business reforms.

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RSS
Monday, Feb 24, 2020

Minister for Home Affairs Ram Bahadur Thapa has said the export-oriented economy should be made stronger. He said this while inaugurating the 'trade analysis and export promotion training' organized by Trade and Export Promotion Centre Kathmandu in Ratnanagar today.

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