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Fitch affirms Nepal’s ‘BB-’ rating, flags political risk as fiscal pressures rise

KATHMANDU: Global rating agency Fitch Ratings has affirmed Nepal’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB-’ with a Stable Outlook, citing the country’s low external debt burden, strong foreign exchange reserves, and medium-term hydropower-driven growth prospects. The affirmation comes despite heightened political uncertainty and widening fiscal deficits triggered...

Fitch affirms Nepal’s ‘BB-’ rating, flags political risk as fiscal pressures rise
DoTM begins building data recovery center in Hetauda; Full operations to take three months

DoTM begins building data recovery center in Hetauda; Full operations to take three months

Praveen Regmi appointed new CEO of Khalti as Binay Khadka steps down after four-year tenure

Praveen Regmi appointed new CEO of Khalti as Binay Khadka steps down after four-year tenure

Pathao introduces compulsory online training and 80% exam pass requirement for new riders as digital system rolls out nationwide

Pathao introduces compulsory online training and 80% exam pass requirement for new riders as digital system rolls out nationwide

Ousted leader Sheikh Hasina gets death sentence over protest violence; Terror and political fallout loom

Ousted leader Sheikh Hasina gets death sentence over protest violence; Terror and political fallout loom

Second Edition of NPL kicks off under floodlights with Janakpur Bolts facing Kathmandu Gorkhas

Second Edition of NPL kicks off under floodlights with Janakpur Bolts facing Kathmandu Gorkhas

NRB’s assets surge to Rs 26.23 tn, set to transfer Rs 42 bn to the government

NRB’s assets surge to Rs 26.23 tn, set to transfer Rs 42 bn to the government

Minister Ghising urges ADB to finalize financing for 670 MW Dudhkoshi Hydro without delay

Minister Ghising urges ADB to finalize financing for 670 MW Dudhkoshi Hydro without delay

Govt terminates 25 long-stalled road contracts as crackdown on ‘sick projects’ begins

Govt terminates 25 long-stalled road contracts as crackdown on ‘sick projects’ begins

PAN and tax clearance certificates go fully digital as Nepal accelerates transition to a fully digital tax system

PAN and tax clearance certificates go fully digital as Nepal accelerates transition to a fully digital tax system

‘Full audit will happen only ‘when necessary’, Financa Minister Khanal

‘Full audit will happen only ‘when necessary’, Financa Minister Khanal

Govt honors top taxpayers; Raj Bahadur Shah emerges as Nepal’s highest individual taxpayer for FY 2080/81

Govt honors top taxpayers; Raj Bahadur Shah emerges as Nepal’s highest individual taxpayer for FY 2080/81

inDrive partners with NPL 2025 as official ride-hailing partner

inDrive partners with NPL 2025 as official ride-hailing partner

Ncell Foundation continues 4s for 4 initiative, pledges 4 educational kits for every 4s hit during NPL Season 2

Ncell Foundation continues 4s for 4 initiative, pledges 4 educational kits for every 4s hit during NPL Season 2

Controversial telecom act interpretation threatens Ncell, Raises alarms over Nepal’s rule of law and FDI

Controversial telecom act interpretation threatens Ncell, Raises alarms over Nepal’s rule of law and FDI

Outdoor Coffee Becomes the Coffee Partner of NPL

Outdoor Coffee Becomes the Coffee Partner of NPL

City Hotel’s net worth per share jumps to Rs 84.93 as rights issue cuts debt burden

City Hotel’s net worth per share jumps to Rs 84.93 as rights issue cuts debt burden

Nepal intensifies global anti-tax avoidance push, notifies 7 DTAA partners of anti-treaty shopping rule

Nepal intensifies global anti-tax avoidance push, notifies 7 DTAA partners of anti-treaty shopping rule

Wage growth highest in Gandaki Province as Nepal’s national salary index rises 4.48%

Wage growth highest in Gandaki Province as Nepal’s national salary index rises 4.48%

Nepal receives $9.4 million for forest carbon credits under the forest carbon partnership facility

Nepal receives $9.4 million for forest carbon credits under the forest carbon partnership facility

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