Nepal and Japan have signed an additional concessional loan agreement worth about Rs. 5.26 billion for the Nagdhunga Tunnel Construction Project.
The recommendation committee has shortlisted four candidates for Nepal Securities Board chairperson and scheduled their presentations and interviews at the Finance Ministry.
The Finance Ministry has amended the supplementary grant procedure to update rules on project approval, cost estimation and recommendations.
The Finance Ministry has invited suggestions on a draft bill aimed at strengthening Nepal’s anti-money laundering and counter-terrorist financing laws.
Finance Minister Dr. Swarnim Wagle met an APG delegation and discussed Nepal’s progress after being placed under FATF increased monitoring.
The Revenue Advisory Committee has submitted its report to Finance Minister Dr. Swarnim Wagle with suggestions for tax policy, revenue reform and the upcoming budget.
Tourists entering Nepal by land can now register their foreign vehicles and pay required revenue online before travel.\n\nNews Summary:
Finance Minister Dr. Swarnim Wagle and U.S. Special Envoy Sergio Gor discussed Nepal-U.S. relations, mutual interests and development cooperation.
Nepal and the Asian Development Bank have signed a loan agreement to support digital governance and public service modernization.
Finance Minister Dr. Swarnim Wagle and U.S. Assistant Secretary S. Paul Kapoor discussed Nepal-U.S. cooperation, investment, reforms and development partnership.