Govt amends Public Procurement Regulation to extend contract for over 1,000 projects

KATHMANDU, Feb. 29 -- The government is preparing to extend the contracts of projects that have failed to complete the work on time. The government has approved the 13th amendment to the Public Procur... Read More

All seven provincial governments fail to spend required budget

KATHMANDU, Feb. 25 -- At a time when there are complaints that the provincial structure has only increased the burden of expenses for the country, questions have been raised on the capacity of the pro... Read More

Govt aims to increase the size of GDP to Rs 8.5 trillion in five years

KATHMANDU, Feb. 7 -- The government aims to increase the size of the country's gross domestic product (GDP) by around Rs 2.9 trillion in the next five years. As the 15th Plan is nearing completion, th... Read More

Nepal's informal economy is 41 percent of GDP

KATHMANDU, Jan. 27 -- The USA, which is the world's largest economy, has an 'informal economy' of 7.3 percent, while China, the second largest economy, has 12.7 percent. However, the average size of N... Read More

NC General Secretary Gagan Thapa commences 'Sambhad Yatra' from Jhapa

KATHMANDU, Jan. 27 -- Nepali Congress (NC) General Secretary Gagan Thapa has started 'Sambhad Yatra' from Jhapa today. General Secretary Thapa started his journey from Mechi Customs in Jhapa at 8 AM t... Read More