Minister
Minister Urges Industrial Sector Expansion for Economic Growth
Damodar Bhandari, the Minister for Industry, Commerce, and Supplies, emphasized the importance of enhancing the industrial sector’s contribution to Nepal’s Gross Domestic Product (GDP) for economic prosperity. Speaking at the inauguration of the Make in Nepal Swadeshi Summitr-2024, organized jointly by the Confederation of Nepalese Industries (CNI) in collaboration with the Ministry of Industry, Commerce, […]
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Minister Bhagwati Chaudhary Inspects Bhrikutimandap Market, Calls for Enhancements
Bhagwati Chaudhary, the Minister for Women, Children, and Senior Citizens, conducted an inspection of the Bhrikutimandap market, directing authorities to elevate its organization and management standards. Operating under the auspices of the Social Welfare Council, the market received attention from the minister, who expressed concerns over its vulnerability. Minister Chaudhary stressed the imperative need for […]
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“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 […]
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Tax Reforms and Economic Growth: Finance Minister’s Assurance
Nepal’s Finance Minister Emphasizes Need-Based Tax Reforms Kathmandu, May 5: In a significant move to promote economic growth and address industry concerns, Finance Minister Barsha Man Pun has assured that the tax rates for the upcoming fiscal year will be revised based on need and relevance. Speaking during a meeting with youth industrialists and IT […]
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Tax Reforms and Economic Growth: Finance Minister’s Assurance
Nepal’s Finance Minister Emphasizes Need-Based Tax Reforms Kathmandu, May 5: In a significant move to promote economic growth and address industry concerns, Finance Minister Barsha Man Pun has assured that the tax rates for the upcoming fiscal year will be revised based on need and relevance. Speaking during a meeting with youth industrialists and IT […]
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Nepal’s Renewable Energy Beckons Global Investors
In a compelling call to action, Nepal’s Minister of Energy, Water Resources and Irrigation, Shakti Bahadur Basnet, has urged both domestic and foreign investors to participate in the government’s ambitious campaign to harness the country’s abundant renewable resources. Addressing a session titled ‘Navigating Nepal’s Renewable Energy Potential’ at the 3rd Nepal Investment Summit-2024, the minister […]
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Nepal Gears Up to Host Major World Bank Meeting
Nepal is gearing up to host a major international economic conference, as Finance Minister Barshaman Pun and Martin Rager, Vice President of the World Bank for South Asia, convened in Kathmandu to discuss preparations for the upcoming 21st meeting of the World Bank’s International Development Association (IDA). The high-profile summit, scheduled to take place from […]
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Nepal Investment Summit 2024 Hailed as ‘Grand Success’ by Finance Minister
Finance Minister Barshaman Pun has declared the recently concluded third Nepal Investment Summit-2024 a resounding success, citing the enthusiastic participation of development partners and the government’s efforts to create an investment-friendly environment. During a sideline meeting with representatives from the World Bank, Asian Development Bank, International Monetary Fund, the United Nations Development Programme (UNDP), and […]
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Nepal needs to Boost Handicraft Sector to Curb Imports
In a significant move to promote the domestic handicraft industry and curb imports, Damodar Bhandari, the Minister for Industry, Commerce, and Supplies, has recognized the vital role of the handicrafts business in reducing the country’s imports. During an interaction organized by the Federation of Handicraft Associations of Nepal on Friday, the Minister emphasized that the […]
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Invest in Nepal: Stable Policies, Lucrative Opportunities
Finance Minister Barshaman Pun has assured investors that Nepal’s investment policies and laws will remain unchanged, providing a stable and conducive environment for investment despite any political changes. Speaking ahead of the Nepal Investment Summit 2024, Pun emphasized that the government’s focus is on creating an environment that allows investors to repatriate their returns without […]
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