govt
Nepal Unveils Startup Policy to Boost Entrepreneurship
In a bid to foster innovation and entrepreneurship, the Nepali government has announced the ‘National Startups Policy, 2080’, which outlines a range of incentives and facilitation measures for startup enterprises in the country. The policy, adopted and enforced by the Council of Ministers, aims to promote and facilitate investment in startups by providing waivers, easing […]
Read More
Nepal’s 16th Five-Year Development Plan Unveiled
In a recent announcement, the government of Nepal has unveiled its 16th Five-Year Development Plan, outlining ambitious goals for economic growth and social development. The plan, revealed during a press conference at Singha Durbar, aims to propel the country’s economy forward, targeting a substantial increase in GDP and significant improvements in key indicators. The National […]
Read More
Nepal Government to Establish Dedicated Regulatory Body for Cooperatives
In a significant move to strengthen oversight and regulation, the Nepal government has announced plans to set up a dedicated regulatory body focused on the intensive supervision of cooperatives. This announcement came during the unveiling of the government’s policies and programs for the upcoming fiscal year, showcasing a commitment to enhance accountability and safeguard savings […]
Read More
Swiss Aid Boosts Nepal’s Eco-Tourism Push
In a significant move to bolster Nepal’s eco-tourism sector and empower local communities, the Swiss government has pledged financial assistance of 9.01 million Swiss francs for a trekking-based tourism project in the Koshi Province. The four-year project, slated to commence this year, is expected to directly benefit approximately 100,000 locals across 29 local levels within […]
Read More
“Finance Minister Emphasizes Government’s Pro-Private Sector Stance
During a meeting with representatives from the Revenue Advisory Committee and private sector umbrella organizations at the Ministry of Finance, Finance Minister Barshaman Pun highlighted the government’s efforts to promote a private sector-friendly agenda. Minister Pun noted that the active participation of the private sector in the recent Nepal Investment Summit serves as a testament […]
Read More
Nepal Resumes Sovereign Credit Rating Process
In a significant move to attract more foreign investment, the Nepali government has revived the process of obtaining a Sovereign Credit Rating (SCR), which had been stalled for three years due to the COVID-19 pandemic’s economic impact. The SCR, issued by international credit rating agencies, is a crucial indicator of a country’s financial status and […]
Read More
Economic Experts Urge Balanced Approach in Upcoming Nepal Budget
As Finance Minister Barsha Man Pun prepares to unveil the upcoming budget amidst high expectations from Nepal’s youth and economic challenges, economic experts have urged a balanced and targeted approach. During a consultation organized on Thursday, ahead of the next year’s budget, experts emphasized the need to prioritize key sectors such as agriculture, tourism, energy, […]
Read More
India Hands Over Nepalgunj Integrated Check Post to Nepal
In a significant move to facilitate smooth cross-border movement of goods and enhance Nepal-India trade, the government of India has officially handed over the Integrated Check Post (ICP) in Nepalgunj to the government of Nepal. The handover ceremony took place on Monday, nearly a year after the ICP’s inauguration by the Prime Ministers of Nepal […]
Read More
Biden Administration Approves $6.4 Billion Funding for Samsung Chip Manufacturing in Texas
The Biden administration recently greenlit a significant financial package of up to $6.4 billion for Samsung Electronics to establish a cutting-edge computer chip manufacturing and research hub in Texas. This strategic move, in line with the CHIPS and Science Act signed by President Joe Biden in 2022, aims to bolster domestic production of advanced computer […]
Read More
Govt banned pulchowk and maitighar for protest. All the leaders are quiet. Is this a sign that they are scared ?
What are your thoughts View on r/Nepal by LavishnessGood2110
Read More