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
Heavy fall in the price of gold, how much is the transaction?
Kathmandu. On the first trading day of the week, the price of gold decreased in the Nepali market on Sunday. According to the Federation of Nepal Gold and Silver Traders, the price of gold has decreased by 12,500 rupees per tola to 282,000 rupees....
Farmers line up overnight to sell paddy, rush to government procurement centre
Kailali. Swaroop Chaudhary from Ghodaghodi Municipality-3 here went to Bhajani to sell paddy early on Saturday morning. After the government started buying paddy by fixing the support price of paddy, the sub-centre of the Food Management and...
Stock market is green on Thursday, 4.69 billion turnover as most of the company's prices increased
Kathmandu. On Thursday, the Nepal Stock Exchange NEPSE index rose by 14.17 points to 2,726.72 points. According to NEPSE, shares worth 4.69 billion rupees were traded on this day. In trading, the share price of 153 companies increased, while the s...
Bank interest became cheaper in July, 6 banks cut, which one has how much?
Kathmandu. All 20 commercial banks have announced the new deposit interest rates applicable for the month of July. Looking at the public rates, it is seen that the average interest rate of deposits has further decreased in July compared to J...
Notification of Kathmandu Metropolis to vacate the restored houses and rooms within 7 days
Kathmandu. Kathmandu Metropolitan City has asked the concerned parties to contact the concerned parties within 7 days to vacate the houses and rooms taken over by the cooperatives. The notification was published according to the decision made by t...
Fall in gold prices, how much per tola on Friday?
Kathmandu. The price of gold has decreased in Nepali market today. Gold has decreased by Rs 500 tola. According to the Nepal Gold and Silver Traders Federation, gold has been fixed at 249,700 rupees per tola today.
...



