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Nepal achieves increase in financial inclusion

KATHMANDU: Nepal has seen significant progress in financial inclusion over the past decade, according to a new study. The Nepal Financial Inclusion Report 2023 – prepared by the International Finance Corporation (IFC) and the UN Capital Development Fund (UNCDF) under the Access to Financial Services Nepal Project jointly implemented...

Nepal achieves increase in financial inclusion
Govt made sizable budget transfers to pay off the national debt last month

Govt made sizable budget transfers to pay off the national debt last month

‘Improved portfolio performance key to development results and higher concessional resource sllocations’ – ADB Director General

‘Improved portfolio performance key to development results and higher concessional resource sllocations’ – ADB Director General

Government to cancel over Rs 20 billion in unfinished projects that have not begun construction as of Q3

Government to cancel over Rs 20 billion in unfinished projects that have not begun construction as of Q3

FM Mahat expands his team, appoints three economic advisors

FM Mahat expands his team, appoints three economic advisors

Sources to be disclosed when depositing more than 1 lakh in microfinance

Sources to be disclosed when depositing more than 1 lakh in microfinance

SEBON asked for applications to open new stock and commodity exchanges

SEBON asked for applications to open new stock and commodity exchanges

NBA decided to reduce deposit interest rate to single digit

NBA decided to reduce deposit interest rate to single digit

Nepal’s foreign exchange holdings increases

Nepal’s foreign exchange holdings increases

NRB does not intervene to fix interest rates of banks: NRB Governor

NRB does not intervene to fix interest rates of banks: NRB Governor

Finance ministry requests suggestions from other ministries for upcoming budget

Finance ministry requests suggestions from other ministries for upcoming budget

Finance Minister Dr Mahat forms a budget drafting committee

Finance Minister Dr Mahat forms a budget drafting committee

BFIs break record with over Rs 5.4 trillion in deposits

BFIs break record with over Rs 5.4 trillion in deposits

NRB instructs BFIs and payment service providers to run helpdesk even during night time

NRB instructs BFIs and payment service providers to run helpdesk even during night time

ADB estimates Nepal’s economy to moderate in fiscal year 2023

ADB estimates Nepal’s economy to moderate in fiscal year 2023

NRB cautions against using cryptocurrency for illicit transactions

NRB cautions against using cryptocurrency for illicit transactions

Conditional grants given to local governments are reduced by finance ministry

Conditional grants given to local governments are reduced by finance ministry

Financial literacy guidance released

Financial literacy guidance released

Finance Ministry prepares budget calendar

Finance Ministry prepares budget calendar

Despite a noticeable increase in bad debts, banks won’t experience a severe crisis any time soon: NBA

Despite a noticeable increase in bad debts, banks won’t experience a severe crisis any time soon: NBA

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