Nepal trade deficit reduction
Business | Finance | Economy
NCC’s Bold Vision: Rs. 1,000 Billion Export Target
The Nepal Chamber of Commerce (NCC), under the leadership of its newly elected President, Kamlesh Agrawal, has formulated an ambitious plan to propel the country’s annual export capacity to an unprecedented Rs. 1,000 billion. This bold initiative, outlined in the NCC’s export promotion action plan, aims to catalyze export growth and reduce the nation’s trade […]
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Business | Finance | Economy
Nepal’s Foreign Trade Declines Significantly, Imports Outweigh Exports
Nepal’s trade landscape reflects a concerning downturn, with foreign trade experiencing a substantial decline during the first ten months of the current fiscal year. Reports indicate a stark plunge of 36.69 billion rupees, painting a challenging picture for the nation’s economic outlook. As of April, Nepal’s total foreign trade stands at 1.429 trillion rupees, showcasing […]
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