Determining the limit of internal debt for the next financial year
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.
Express
Related News
What is the foreign currency exchange rate for Monday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 142 rupees 88 paisa and the selling rate is 143...
The corporation claims that 25 bullets are being imported more than the demand for cooking gas
Kathmandu. Nepal Oil Corporation Executive Director Chandika Prasad Bhatt clarified that there is no shortage of cooking gas in the market. He said that the rumor that there is going to be shortage of gas in recent times is baseless and asked the...
Today, the price of gold increased by 5 thousand 200 rupees, how much for silver?
Kathmandu. The price of gold and silver has increased in the Nepali market on Tuesday. Today, the price of gold has increased by 5 thousand 200 rupees per tola. According to the Federation of Nepal Gold and Silver Deal...
The price of gold and silver decreased, how much is the transaction going on today?
Kathmandu. The price of gold and silver has decreased in Nepali market today. Today gold has decreased by 600 rupees to 277 thousand 300 rupees per tola, according to the Federation of Nepal Gold and Silver Traders.
On Tuesday, it was traded...
1 lakh 33 thousand 608 shares of founder shares of Nabil Bank for sale
Kathmandu. A founder shareholder of Nabil Bank Limited is going to sell 133,608 shares of founder shares owned by him.
The said shareholder had applied to the bank saying that he wanted to sell the shares in his name in lump sum. After the a...
Most of the commercial banks have reduced the interest rate for the month of February, how much?
Kathmandu. Commercial banks have announced the new interest rates applicable for the month of February. According to the information published by the banks, most of them have reduced the interest rates. It seems that the maximum average interest r...



