August 14, 2026, Friday
English

Determining the limit of internal debt for the next financial year

Main News Image

Kathmandu. The National Natural Resources and Finance Commission has determined the limit of internal debt that can be taken by the union, state and local levels for the next fiscal year 2083, 84. Based on macroeconomic conditions, revenue trends, expenditure pressures and financial market conditions, the Commission emphasized on maintaining discipline in debt mobilization and said that formal recommendations have been made to all three levels of government.

According to the commission's recommendation to the government on February 27, the federal government will be allowed to mobilize internal debt only up to a maximum of 5.5 percent of the gross domestic product in the coming year. It is said that this limit has been set to maintain overall stability and ensure the sustainability of loans.

mediabaaji add

Related News

The tenth amendment of the National Bank Act 2058

Kathmandu. The Ministry of Finance has started the process of amending the existing legal structure related to Nepal Rastra Bank. The ministry has released the draft of the bill to amend the Nepal Rastra Bank Act, 2058 and has sought opinions and...

The price of gold decreased by 4400 rupees in one day, how much did it go?

Kathmandu. On Monday, the price of gold in the Nepalese market also decreased. Today gold has increased by 4 thousand 300 rupees. Gold, which was traded at 288,500 rupees yesterday, will be traded at 284,200 rupees today, according to the Nepal Go...

What is the exchange rate of which foreign currency on Saturday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 143 rupees 97 paisa and the selling rate is 144 rupees 57 paisa. Similarly, the...

Yambaling Hydropower will issue an IPO to the general public from May 16

Kathmandu. Yambaling Hydropower Company Limited is going to issue an IPO to the general public from the 16th of Baisakh. In the first phase, after distributing the IPO to project-affected and foreign employed Nepalis, the second phase is to issue...

Tax arrears are coming up: The remaining amount has reached 94.95 billion

Kathmandu. In recent years, the outstanding tax arrears in Nepal have started to pile up. According to the Internal Revenue Department, by the end of the financial year 2081 and 2082, the outstanding amount including i...

What is the foreign currency exchange rate for today?

Kathmandu. Nepal Rastra Bank has announced the exchange rate of foreign currency for today. According to the public information, the buying rate of one US dollar has been fixed at 152 rupees 81 paisa and the selling rate is 153 rupees 41 paisa.