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World Bank to provide loan up to Rs 13 bln and donate Rs 500 mln for heath sector

The World Bank is to continue its assistance to Nepal for improving its health system. World Bank Country Director for Nepal, Faris Hadad-Zervos made this commitment during a meeting today with Minister Health and Population Mohan Bahadur Basnet.…

EPS Korea branch calls for applications for KLT

The EPS Korea branch operating under the Department of Foreign Employment has called for applications for the Korean language test (KLT). Gurudatta Subedi, the Director and Information Officer of the Department, informed that the KLT is going to …

Country imports millet worth Rs 510 million from India

As the youths are leaving abroad for foreign jobs and the land plots in the rural areas are left barren, the country has imported millet worth Rs 513 million in the last fiscal year from India. In the fiscal year 2079/80 BS, millet import reached…

Why delay weighing the seized gold?

Last week, around 100 kg of smuggled gold was seized outside the Tribhuvan International Airport. However, the exact amount of gold in it has not been officially confirmed yet. The gold is kept safe in Mint Division of Nepal Rastra Bank The to…

IMF delegation calls on NPC Vice-Chair Shrestha

A delegation led by International Monetary Fund (IMF) Mission Chief Tidiane Kinda today called on National Planning Commission (NPC) Vice-Chair Dr Min Bahadur Shrestha. During a courtesy meeting held at the NPC Office in Singha Durbar, the IMF mi…

Monetary Policy for FY 2023-24 sets 7 targets

The Monetary Policy for the current fiscal year 2023-34 unveiled by the Nepal Rastra Bank (NRB) today has set seven various targets. The structure and targets of the new Monetary Policy seek to maintain the foreign exchange reserve at a level suf…

NRB increases house loan limit up to Rs 20 mln

Nepal Rastra Bank has increased the limit of house loans. Announcing the monetary policy for the financial year 2023-24 on Sunday, the bank has increased the housing loan by 5 million rupees. With the increase in the loan limit, now a loan of …

NRB unveils Monetary Policy, 2023-24

Nepal Rastra Bank (NRB) has unveiled the Monetary Policy for the fiscal year 2023-24 today (Sunday). The Central Bank is organizing a news conference at 3 pm to explain about the policy in details. A meeting of the Board of Governors of N…

Application call for re-language test for Korea returnees

The EPS Korea branch under the Department of Foreign Employment has called applications for re-language examination for Nepali workers who have returned after working legally in South Korea for five years. Applications for the language test can b…

Finance Ministry issues 81-point guideline for budget implementation

The Ministry of Finance has issued an 81-point guideline to all the ministries, departments, and line agencies for the effective implementation of the budget for the fiscal year 2080/081 BS. The guideline focuses on maximum utilization of resourc…
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