Nepali Congress (NC) President Sher Bahadur Deuba has said the recent fourth BIMSTEC (Bay of Bengal Initiative for Multi- Sectoral Economic and Technical Cooperation) Summit was concluded successfully.
Prime Minister KP Sharma Oli has said prosperity in the Bay of Bengal Initiative for Multi Sectoral Technical and Economic Cooperation is possible through combined efforts and collaborations among the member states.
Prime Minister KP Sharma Oli has said that the vision, commitment and action of the BIMSTEC will have an impact on global political and economic order. Inaugurating the fourth BIMSTEC Summit in the capital on Thursday, he said the summit brings together a resolve of their leaderships -- a resolve for progress and prosperity; and for sustainable development.
SAARC Secretary General Amjad Hussain B Sial said agricultural cooperatives can be an effective instrument in tackling the formidable challenge of poverty in the SAARC region.
The Nepali Congress has begun interaction with mayors and deputy mayors elected on the party ticket about taxes levied by the local government and other issues.
A meeting of the senior officials, including the Foreign Secretaries, of the member countries of Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is taking place here on Tuesday in preparation for the regional group's 4th Summit conference.
In its bid to promote self-employment and entrepreneurship development in the country, the government is to provide investment opportunities to some youth even by providing collateral free amount in loan investment.
The Fourth Summit meeting of the Heads of State/Government of Member States of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) will be held in Kathmandu on August 30 and 31. Nepal has assumed the Chairmanship of BIMSTEC after its Third Summit meeting held in Nay Pyi Taw, Myanmar in March 2014.
The World Bank Group's Board of Executive Directors has approved a fourth Financial Sector Stability Development Policy Credit (DPC4) of $100 million to Nepal to help it continue to deepen its medium-term reform program in the financial sector.
The Bhaktapur Municipality has unveiled the budget of Rs 1.73 billion for the current fiscal year. The budget was endorsed by the third town assembly before this.
The government, UNDP and KOICA on Friday launched a programme to boost Nepali farmers’ income through value chain development of fruit and vegetables.
Prime Minister KP Sharma Oli's China visit is expected to take the country's economic sector to a new height by strengthening mutual relations between the two countries.
The Asian Institute of Diplomacy and International Affairs (AIDIA) hosted a Round Table Meeting on 'Trade and Investment Opportunities in Kazakhstan" in Kathmandu on Thursday. The main objective of the meeting was to discuss and explore new horizons in trading and investing in Kazakhstan, CEO of the organizer Sunil K C said in his opening remarks.
The World Bank (WB) has forecast Nepal's economy to grow at 4.5 percent – half the government projection -- in the next fiscal year. Nepal's economy will grow at the rate of 4.5 percent in the fiscal year 2018-19, and will slow down to 4.2 percent in 2019-20 and 2020-21, the World Bank's 'Global Economic Prospects June 2018,' published on Tuesday read.