nepal economic policies
Nepal’s Economic Landscape: Volatility, Reforms, and Progress
Nepal’s economic landscape has been marked by volatility and strategic planning, as the nation navigates global instabilities, domestic reforms, and sectoral advancements. The fluctuations in gold prices, mirrored by the NEPSE index’s volatility, underscore the market’s sensitivity to geopolitical tensions, monetary policy shifts, and economic uncertainties. Amidst this dynamic environment, Nepal unveiled its new fiscal […]
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Bagmati Province Leads Nepali GDP Contributions
Bagmati Province has emerged as the frontrunner in contributing to Nepal’s Gross Domestic Product (GDP), while Karnali Province lags behind, according to the latest Provincial GDP Estimates for the fiscal year 2080/81 released by the National Statistics Office (NSO). The report, made public on Wednesday, reveals that Bagmati Province is estimated to account for a […]
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NRB Revises Vehicle Loan Rules, Eases Home Loan Criteria
In a significant move aimed at promoting financial inclusion and supporting economic growth, the Nepal Rastra Bank (NRB) has announced key revisions to its monetary policy during the third-quarter review for the fiscal year 2023/24. Among the notable changes, the central bank has reduced the risk weightage on vehicle loans and eased the eligibility criteria […]
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Nepal’s Foreign Exchange Reserves Surge by 24.2% to New Heights
Nepal’s foreign exchange reserves have witnessed a remarkable surge, according to the latest data released by the Nepal Rastra Bank (NRB). In mid-April 2024, the gross foreign exchange reserves soared by an impressive 24.2 percent, reaching a staggering Rs. 1911.86 billion, a significant increase from the Rs. 1539.36 billion recorded in mid-July 2023. In US […]
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Nepal’s Economic Roadmap: Bridging Policy and Progress
Nepal’s Economic Roadmap: Bridging Policy and Progress In a thought-provoking interaction organized by the Institute for Strategic and Socio-Economic Research (ISSR) and Khabarhub at the Pavilion Hall in Kathmandu, experts and key figures delved into the intricate relationship between monetary and fiscal policies, underscoring their pivotal roles in addressing contemporary economic and social challenges. The […]
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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 Economy Projected to Grow by 3.87% This Year: CBS
The Central Bureau of Statistics (CBS) has estimated that Nepal’s economic growth rate will be 3.87 percent for the current fiscal year 2080/81. This projection suggests a significant expansion of the Nepali economy by 3.87 percent compared to the previous year’s growth rate of 1.86 percent. According to the details disclosed in the Annual National […]
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Australian Group to Invest in Luxury Resort at Nepal’s Rara Lak
In a significant development for Nepal’s tourism industry, an Australian Expert Group has pledged to invest in the development of a luxury resort in the picturesque surroundings of Rara Lake, Nepal’s largest freshwater lake. The agreement was formalized during the ongoing Third Nepal Investment Summit in Kathmandu, marking a milestone for the country’s efforts to […]
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Nepal Focuses on Diversifying Energy Mix: Experts Advocate for Hydrogen, Solar, and Wind Power
During the Himalayan Hydro Expo 2024, organized by the Independent Power Producers’ Association, Nepal (IPPAN), stakeholders and experts converged to discuss the pressing need for diversifying Nepal’s energy mix. The session, titled “Pioneering the Clean Energy Synergy,” shed light on the immense potential of alternative energy sources, including hydrogen, solar, and wind power, alongside the […]
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