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Guide to OZ Jobs/Rooms listingsNews tagged 'budget'
Over Rs 2.22bn budget frozen in Lamjung
Aug 13, 2020
LAMJUNG: More than Rs 2.22 billion of the total budget allocated by the federal government and Gandaki Province government to Lamjung district for the fiscal year 2076/77 BS has remained unused. The district received a budget of Rs 8.91 billion from the central and the provincial governments, according to officer at Lamjung District Treasury Contro...
Nepal Tourism Board slashes budget for current fiscal
Aug 12, 2020
KATHMANDU, AUGUST 11 The recently released budget details of Nepal Tourism Board (NTB) reveals the size has been reduced significantly for the current fiscal year compared to the last fiscal. NTB has released a budget amounting to Rs 807 million for the current fiscal against Rs 1.63 billion allocated for the previous fiscal year. “We have pr...
Coronavirus Insurance Programme formally launched
Aug 6, 2020
KATHMANDU, AUGUST 5 The Insurance Board today formally implemented the Coronavirus Insurance Programme announced by the government in the budget of ongoing fiscal year. The board has stated that government employees will get 100 per cent free subsidy and general public will get 50 per cent subsidy when taking out an insurance policy of Rs 100,000 a...
193 local bodies yet to present budget for 2020-21
Jul 30, 2020
KATHMANDU, JULY 29 Though the federal government had directed all the local level governments to present their budget on time, altogether 193 local bodies are yet to present their budget for the ongoing fiscal year 2020-21. The federal government had given the local bodies a deadline of June 24 to present their budget but only 560 local bodies have...
Sudurpaschim yet to discuss budget as opposition continues obstruction
Jul 2, 2020
DHANGADHI: Sudurpaschim Province has not been able to hold any discussion on budget even after unveiling it more than two weeks ago. The deliberation on budget could not proceed even after 17 days since the parties in opposition have been obstructing the Provincial Assembly meeting. Main opposition Nepali Congress and Rastriya Janata Party-Nepal (R...
Investable resources get frozen in banks amid low credit demand
Jul 1, 2020
KATHMANDU, JUNE 30 Owing to the months-long lockdown which has discouraged the demand for credit, the investable budget with banks is not only increasing but also getting frozen. While banks are witnessing a rise in deposits, their credit flow has come down drastically. As a result, a huge amount of investable financial resource has been lying idle...
Govt ready to implement budget: FM Khatiwada
Jun 30, 2020
KATHMANDU, JUNE 29 Minister of Finance Yubraj Khatiwada said the government was preparing necessary work procedure and action plan for implementation of the budget for the coming fiscal year with the onset of the new fiscal. Addressing a programme organised to mark the 17th anniversary of Confederation of Nepalese Industries through video conferenc...
Pokhara metropolis unveils budget
Jun 25, 2020
POKHARA, JUNE 24 Pokhara Metropolitan City presented an estimated budget of Rs 6.19 billion for the fiscal 2020-21 today. Deputy Mayor Manjudevi Gurung presented the estimated budget at the seventh municipal assembly to implement policies and programmes today. The estimated budget for the next fiscal is less than that of the current fiscal by 810 m...
Budget meant for child correction home diverted
Jun 22, 2020
Nepalgunj, June 21 A child correction home in Banke could not be managed due to lack of budget. Children staying in that home have been facing many problems due to lack of proper physical infrastructure and shortage of drinking water. It was very difficult to construct physical infrastructure for the children’s home after the budget allocate...
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May 30, 2017
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