What does a strengthening dollar mean for Nepal?
Until June last year, the U.S. dollar was some 134 Nepali rupees. This February, the dollar exchange rate surged to another record high, strengthening by …
Finance ministry slashes budget amid fiscal strain
The Ministry of Finance (MoF) has slashed its current budget by NRs 167.5 billion 9% of the initial allocation, in its mid-term budget review, citing …
Supreme Court invalidates laws against construction inside Protected Areas
Last week, the constitutional bench of the countrys apex court passed its verdict invalidating the newly added two provisions in the National Parks and Wildlife …
107 billion rupees spent on agricultural subsidy in five fiscal years
Agriculture receives a substantial amount of subsidies. Despite this, complaints about small farmers not getting the promised subsidies and misuse of subsidies are growing. A …
