Economic growth initiatives
Nepal to Provide Startup Subsidised Loans, Boost Youth Entrepreneurship
President Ramchandra Paudel has revealed an ambitious plan to bolster Nepal’s entrepreneurial landscape in the upcoming fiscal year 2024/25. The government aims to provide subsidized loans to 1,000 young individuals venturing into startup businesses, fostering innovation and economic growth. This announcement was part of the policy and program presentation for the coming year. The initiative […]
Read MoreNepal Launches Foreign Employment Saving Bond 2086 with 9% Interest Rate
The Public Debt Management Office (PDMO), operating under the Ministry of Finance, has unveiled the Foreign Employment Saving Bond 2086, offering a lucrative 9% interest rate. With the aim of attracting Nepali migrant workers and returning citizens, this bond initiative targets to raise Rs. 1 billion with a maturity period of five years. Catering specifically […]
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