KATHMANDU, JANUARY 13 A total of Rs 83.13 billion has been approved so far for refinancing. The government had brought a concept of refinancing for the recovery of industries and businesses that…
Tag: Nepal Rastra Bank
Industries crawling back to normalcy
KATHMANDU, JANUARY 12 Less than 54 per cent of industries have resumed full operation compared to the pre-pandemic situation. According to a survey report issued by Nepal Rastra Bank (NRB) today, industries…
‘Refinancing not being effectively implemented for tourism industry’
KATHMANDU, JANUARY 11 Even though the government has brought a policy of refinancing for the recovery of private industries, tourism entrepreneurs say that the policy is not being implemented effectively. Lengthy process,…
Trade deficit narrows by 12.5 per cent to Rs 362.29bn
KATHMANDU, DECEMBER 21 Increase in export and decrease in import caused the country’s trade deficit to narrow down by 12.5 per cent to Rs 362.29 billion in the four months (mid-July to…
Lack of uniformity creates confusion in trade data
KATHMANDU, NOVEMBER 26 Lack of uniformity in data compiled by different government bodies has created confusion regarding trade statistics once again, as discrepancies have been noticed in data on import and export…
Rs 170 billion excess liquidity in banking sector
KATHMANDU, NOVEMBER 23 There has been excess liquidity in the banking sector in the country for the past several months due to the decline in demand for loans. Liquidity in banks started…
NRB guv for protecting COVID-hit businesses
KATHMANDU, NOVEMBER 1 Governor of Nepal Rastra Bank Maha Prasad Adhikari has said that meaningful support was necessary for practical implementation of this year’s monetary policy. At a visual interaction programme organised…
consumer price inflation at 4.52pc
KATHMANDU: The macroeconomic update unveiled by the Nepal Rastra Bank on Wednesday showed that the consumer price inflation (CPI) in the country accelerated to 4.52 per cent in the second month of…
Remittance surges 23pc in first month of FY 20-21
KATHMANDU, SEPTEMBER 25 Against the general expectation that remittances would take a major hit due to the coronavirus pandemic, the money sent home by Nepali migrants in the first month (mid-July to…
Capacity utilisation of Nepali industries slumps to 40pc
KATHMANDU, SEPTEMBER 21 The industries in the country utilised only 40 per cent of their installed capacity in the six-month period between Mid-July 2019 to mid-January 2020, reveals the Economic Activities Study…