Kathmandu, July 24 (IANS) Nepal’s public debt has increased more than fourfold over the past decade as the country borrowed heavily to cope with the impact of two major crises — the 2015 earthquake and the COVID-19 pandemic.According to statistics released by the Public Debt Management Office (PDMO), Nepal’s public debt reached NPR 2.974 trillion at the end of fiscal year 2025-26, which ended in mid-July, up from NPR 697.68 billion at the end of fiscal year 2016-17, representing a 4.26-fold in…
Latest 2015 earthquake News & Updates
New Delhi, June 6 (IANS) External Affairs Minister (EAM) S. Jaishankar on Saturday virtually handed over 72 health facilities and 12 cultural heritage projects to Nepal under the Reconstruction programme post 2015 earthquake, after the meeting with his visiting Nepali counterpart Shisir Khanal.”Following up on the productive meeting with Nepal Foreign Minister Shisir Khanal, handed over virtually 72 health facilities and 12 cultural heritage projects under Reconstruction Programme post 2015 Eart…
Kathmandu, Jan 29 (IANS) India on Thursday handed over more than 250 vehicles to Nepal as part of election-related assistance, as the Himalayan country prepares to hold parliamentary elections on March 5.This marks the second tranche of election assistance to Nepal, following the handover of more than 60 double-cab pickup vehicles and other supplies on January 20.The Indian Embassy in Kathmandu said the Government of India will provide around 650 vehicles for the upcoming elections, which will b…