Nepali Times
Weather
Not bankrupt


The economy is on the right track and there is no risk the government will go bankrupt, State Minister for Finance Roop Jyoti said Tuesday, responding to a recent report by the Institute for Development Studies (IfDS). The report claimed that the economy might go bankrupt if the current situation prevails for a few more months. Speaking at a press meet Jyoti said that in the first six months of the current fiscal year, revenue collection touched over Rs 31 billion, more than during the same period last year. Also, Nepal has yet to receive excise duty worth over Rs 2 billion from the Indian government, which will help the government maintain a sound financial position, he added.


LATEST ISSUE
638
(11 JAN 2013 - 17 JAN 2013)


ADVERTISEMENT



himalkhabar.com            

NEPALI TIMES IS A PUBLICATION OF HIMALMEDIA PRIVATE LIMITED | ABOUT US | ADVERTISE | SUBSCRIPTION | PRIVACY POLICY | TERMS OF USE | CONTACT