Kathmandu: The Government of Nepal spent Rs 361.62 billion on public debt repayment in the Fiscal Year 2024/25, according to data released by the Financial Comptroller General Office (FCGO). Of the total amount, Rs 304 billion was used to service domestic debt, while Rs 45.79 billion went toward multilateral foreign loans and Rs 11.65 billion… Continue reading Nepal spent Rs 361.62 billion on public debt repayment in FY 2024/25
Author: vishwasandesh
Prime Minister Oli visits drought-hit Madhesh to assess crisis
Kathmandu: Prime Minister KP Sharma Oli visited drought-affected areas of the Terai-Madhesh region on Thursday to assess the worsening situation caused by an extended dry spell during the monsoon season. Earlier this week, the government declared the entire Madhesh Province a disaster-affected area for the next three months. The decision comes amid growing concern over… Continue reading Prime Minister Oli visits drought-hit Madhesh to assess crisis
Five Nepalis imprisoned in Iran return home following diplomatic efforts
Kathmandu: Five Nepali nationals who had been imprisoned in Iran have safely returned to Kathmandu, the Ministry of Foreign Affairs confirmed on Friday. The individuals arrived in Kathmandu on Thursday night after being released by an Iranian court. Their repatriation was made possible through coordinated diplomatic efforts involving Nepal’s Ministry of Foreign Affairs, the honorary… Continue reading Five Nepalis imprisoned in Iran return home following diplomatic efforts
Government to take over operations of four child correction centers from NGO
Kathmandu: The Government of Nepal has decided to take over the operation of four child correction homes previously managed by the NGO, Youth Service Centre (USEP), starting from the current fiscal year. Minister for Women, Children and Senior Citizens, Nawal Kishor Sah Sudi, announced the decision during a press conference held at the ministry on… Continue reading Government to take over operations of four child correction centers from NGO
Landslide at Kodari shuts down Araniko Highway, Tatopani dorder crossing Closed
Kathmandu: A massive landslide triggered by continuous rainfall has completely blocked the Araniko Highway at Kodari in Bhotekoshi Rural Municipality-2, halting all movement and effectively shutting down the Tatopani border crossing with China. The landslide occurred around 5 a.m. on Wednesday in the Iku area, a known landslide-prone zone, dumping large amounts of debris onto… Continue reading Landslide at Kodari shuts down Araniko Highway, Tatopani dorder crossing Closed
GATE college and Japan’s Tono City sign historic internship agreement
Kathmandu: A historic tripartite cooperation agreement has been signed between Global Academy of Tourism and Hospitality Education (GATE) in Kathmandu and Tono City, Japan, aimed at promoting student exchange in the tourism and hospitality sector. The agreement will open internship opportunities for Nepali students in Japan and foster new dimensions of cultural exchange and human… Continue reading GATE college and Japan’s Tono City sign historic internship agreement
IOE Chief lauds FNCCI’s role in strengthening Nepal’s industrial relations
Kathmandu: Secretary-General of the International Organisation of Employers (IOE), Roberto Suarez Santos, has praised the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) for its efforts in fostering improved industrial relations in Nepal. Santos, who is on a three-day official visit to Nepal from July 24 to 26, made the remarks during a meeting… Continue reading IOE Chief lauds FNCCI’s role in strengthening Nepal’s industrial relations
ADB commits $2.3 billion to Nepal under new five-year partnership strategy
Kathmandu: The Asian Development Bank (ADB) has pledged a total investment of US $2.3 billion (approximately Rs 313 billion) in Nepal over the next five years as part of a new strategic partnership with the Government of Nepal. The announcement was made Tuesday during the launch of ADB’s Country Partnership Strategy (CPS) for Nepal 2025–2029,… Continue reading ADB commits $2.3 billion to Nepal under new five-year partnership strategy
PM Oli defends Kirtipur Cricket Stadium project amid criticism over delays
Kathmandu: Prime Minister KP Sharma Oli on Wednesday defended the ongoing construction of the Kirtipur Cricket Stadium, pushing back against what he called “unwarranted criticism” over minor delays in the project. Speaking in Parliament in response to lawmakers’ concerns, Oli said the stadium was nearing completion and attributed the delays to procedural and environmental hurdles.… Continue reading PM Oli defends Kirtipur Cricket Stadium project amid criticism over delays
203 Nepalis stranded in China rescued after Bhotekoshi floods
Kathmandu: A total of 203 Nepalis stranded in Kerung, China, following the July 8 Bhotekoshi floods have been safely repatriated through the Rasuwagadhi border on Wednesday. The group, comprised mostly of drivers and their assistants, had been trapped after flooding from the Lhende River damaged the Nepal-China border customs point. The disruption left them unable… Continue reading 203 Nepalis stranded in China rescued after Bhotekoshi floods