By Prithvi Man Shrestha in The Kathmandu Post, Oct 21, 2023Nepali officials are unsure about exporting 40MW of electricity to Bangladesh this wet season ending at the end of November, as two sides are yet to negotiate the applicable tariff. In fact, officials at the Nepal Electricity Authority (NEA) said that they have not had any response from the Bangladeshi side on purchasing Nepal’s power, even though the two sides had earlier signed a five-year…
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by Prithvi Man Shrestha in The Kathmandu Post, September 28th, 2023The government’s spending on debt servicing nearly doubled last fiscal year amid Nepal’s ballooning public debt along with high interest rates applicable on internal loans. The government spent Rs222.74 billion in debt servicing, including principal repayment and interest, in the fiscal year 2022-23. The figure is a rise of around 83 percent from the previous fiscal year, according to the Public Debt Management Office (PDMO).…
Report in Dawn, Sept 14th, 2023KARACHI: Caretaker Prime Minister Anwaarul Haq Kakar said on Wednesday that the decision to handcuff PML-N supremo Nawaz Sharif upon his return to the country lay with law enforcement agencies, who would make the decision according to the applicable legal provisions, Dawn.com reported. In Feb 2020, the then government had declared him an absconder, and later in the same year, an accountability court had declared him a proclaimed offender in…