Indicators

Nepal Rastra Bank Unveils FY 2023/24 Macroeconomic Overview 1
Business | Market | Economy

Nepal Rastra Bank Unveils FY 2023/24 Macroeconomic Overview

Nepal Rastra Bank (NRB) has presented a comprehensive overview of Nepal’s current macroeconomic and financial status based on data from the first eight months ending mid-March 2023/24. Inflation and Trade Year-on-year inflation remained stable at 4.82%. Gross foreign exchange reserves reached USD 14.14 billion. Total imports decreased by 2.7%, exports by 4.0%, and trade deficit […]

Nepal Life Insurance Reports 10.25% Growth in Net Profit and Strong Financial Indicators in Q1 5
Business | Market | Economy

Nepal Life Insurance Reports 10.25% Growth in Net Profit and Strong Financial Indicators in Q1

Nepal Life Insurance has reported a notable expansion in its business volume and key financial metrics, as outlined in its recently published unaudited financial report for the first quarter of the current fiscal year. The company achieved a commendable 10.25% increase in net profit, affirming its positive financial trajectory. Maintaining a robust financial position, Nepal

"Nepal Rastra Bank's Mid-September 2023 Financial Snapshot: Inflation, Forex Reserves, and Economic Indicators" 9
Business | Market | Economy

“Nepal Rastra Bank’s Mid-September 2023 Financial Snapshot: Inflation, Forex Reserves, and Economic Indicators”

Nepal Rastra Bank, the central bank of Nepal, has released an overview of the current macroeconomic and financial situation in Nepal, based on data from the first two months ending in mid-September 2023. Inflation and Forex Reserves:The central bank reported an estimated year-on-year inflation rate of 8.19%. Nepal’s gross foreign exchange reserves stood at $12.01

Macro Economic Indicators of FY 2022/23: Remittance Inflows Rise by 22.7%, Inflation at 6.83% 13
Business | Market | Economy

Macro Economic Indicators of FY 2022/23: Remittance Inflows Rise by 22.7%, Inflation at 6.83%

  As of mid-June 2023, there was a total outstanding concessional loan of Rs. 203.10 billion given to 147,510 borrowers. Out of this amount, Rs. 139.68 billion was provided to 61,235 borrowers for selected commercial agriculture and livestock businesses. Additionally, Rs. 60.46 billion was given as loans to 83,455 women entrepreneurs. In other specified sectors,

Country's economic indicators are in jeopardy, and 8% economic growth 17
Business | Market | Economy

Country’s economic indicators are in jeopardy, and 8% economic growth

  According to Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel, indicators of the country’s economy are in jeopardy due to negative global economic impacts and challenges stemming from domestic causes. He did, however, state that he is constantly working to resolve the country’s economic problems. He made this statement during today’s House of

The Finance Ministry is developing an action plan for policy priorities and minimum programs. 19
Business | Market | Economy

The Finance Ministry is developing an action plan for policy priorities and minimum programs.

The Ministry of Finance has created an action plan to carry out the policy priorities and minimum programs. The action plan, according to the Ministry, includes policies and programs, milestones, resources, time constraints, monitoring and evaluation indicators, and so on. The action plan discusses promoting revenue collection effectiveness, further systematizing the revenue system, and maintaining

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