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Nepal s court summons foreigners and firms implicated in 2017 Airbus deal

Nepal s court summons foreigners and firms implicated in 2017 Airbus deal
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Rs1 47 billion extra paid in Airbus A330s deal, probe shows

Wide-body aircraft procurement: CIAA files corruption case against 32 people

KATHMANDU, April 4: The Commission for the Investigation of Abuse of Authority (CIAA) on Thursday filed a case at the Special Court against the persons involved in purchasing two wide-body aircraft in the past.

Govt debt burden: Recurrent revenue falls short of covering recurrent expenses

KATHMANDU, Dec 11: Since the revenue collection has fallen short of the target, the government finds itself compelled to secure loans simply to cover its day-to-day expenses. Reviewing the financial data spanning until December 9 in the current fiscal year of 2023/24 (roughly five months), it is evident that the Rs 86 billion collected in revenue thus far is inadequate to meet even the recurrent expenditures of the government.

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