deficit
Business | Finance | Economy
Nepal’s Foreign Trade Sees Decline in Current Fiscal Year
Nepal’s foreign trade in the first nine months of the current fiscal year (FY 2080/081) has amounted to Rs 1.281 trillion, as per the Central Bureau of Statistics. Compared to the same period last year, which saw foreign trade at Rs 1.319 trillion, this year’s trade volume has decreased by 3 percent, equivalent to Rs […]
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Nepal Government to tighten the credit for import of fuel based vehicles
The government of Nepal has announced plans to reduce the import of fuel vehicles and encourage the use of electric vehicles. The move is part of a broader effort to reduce the country’s trade deficit and improve its environmental sustainability. Under the new plan, the government will implement a number of measures to discourage the […]
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