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NC Gen-Secy Thapa requests PM to cut down wasteful expenses

Tamu Bauddha Sewa Samiti requests KMC not to demolish monastery

KMC asked not to dismantle monastery at Devinagar

Federal and provincial governments allocate Rs 17 35 billion for unproductive constituencies development programs - myRepublica - The New York Times Partner, Latest news of Nepal in English, Latest News Articles

KATHMANDU, June 22: While the federal government is facing a massive shortfall in revenue collection and the sub-national governments are under pressure on their declining treasury balance, they have allocated a total of Rs 17.35 billion on unproductive expenses to be done by lawmakers.

Budget 2023: Will It Lift Nepal s Descending Economy? - myRepublica - The New York Times Partner, Latest news of Nepal in English, Latest News Articles

Finance Minister Dr Prakash Saran Mahat presented the budget for the upcoming fiscal year in the parliament on 29th May 2023, with promises to lift the descending economy and to accelerate development activities. The budget with an economic growth rate of six percent to be achieved in the next fiscal year expects to tame the inflation rate at 6.5 percent.

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