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MCC project 'temporarily' suspended in Nepal

KATHMANDU, Feb. 19 -- The US government has communicated its blanket decision to put on hold US-funded Millennium Challenge Corporation (MCC) projects for 90 days. In an email sent to Nepal's Ministr... Read More


Govt greenlights new stock exchange, overlooking NEPSE restructuring plan

KATHMANDU, Feb. 8 -- The government has stepped up efforts to install a new stock exchange market neglecting its own plan to restructure the existing Nepal Stock Exchange (NEPSE) The government had en... Read More


Govt slashes budget size by Rs 168 billion; revenue target by Rs 133 billion

KATHMANDU, Feb. 7 -- The government has downsized the budget for the current fiscal year to Rs 1.692 trillion, which is 90.99 percent of the initial estimate. The government slashed the budget citing ... Read More