DCnepal

APN Forum Delegates Meet PM Oli to Discuss Regional Digital Finance Cooperation

Kathmandu, May 6: Delegates of the 21st Forum of the Asian Payments Network (APN) met with Prime Minister KP Sharma Oli at his official residence in Baluwatar today. Representatives from 13 countries, including Nepal, gathered to discuss ways to enhance regional cooperation in cross-border retail payment systems and digital......

Federal Government Cuts Subsidy to Local Levels Amid Revenue Shortfall

Kathmandu, May 6: The federal government has slashed the Financial Equalization Grant allocated to provincial and local levels due to poor revenue collection in the third quarter of the current fiscal year. According to the Ministry of Finance, only 82.72% of the projected revenue had been collected by mid-April 2081/82,......

International Finance Corporation appoints Rathnija Arandara as Resident Representative for Nepal

Kathmandu, May 06 : The International Finance Corporation (IFC), a member of the World Bank Group, has appointed Rathnija Arandara as Resident Representative for Nepal. Based in Kathmandu, Arandara will lead efforts to expand IFC’s portfolio, develop new investment and advisory opportunities, and enhance the organization’s impact across the......