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Tag: Yuba Raj Khatiwada

Finance Minister stresses ‘quality increase’ in revenue

Chitwan, April 15 Finance Minister Yuba Raj Khatiwada has directed revenue officers for a ‘quality increase’ in revenue collection by expanding the tax range. During his visit to the Inland Revenue Office in Bharatpur today, he directed the office employees to focus on quality growth in revenue. He also instructed for the full enforcement of […]

Opposition seeks share in Investment Board; Finance Minister rejects

Kathmandu, March 12 The main opposition Nepali Congress has demanded that it should be represented to the Investment Board Nepal, the government body that handles big infrastructure projects involving foreign investment. Finance Minister Yuba Raj Khatiwada, however, rejected the proposal. Taking part in a discussion on the new investment bill at a meeting of the […]

Minister warns of intervention if banks are not transparent

Kathmandu, February 17 Minister for Finance Yuba Raj Khatiwada has said the government will intervene in the banking sector if financial institutions of the country fail to maintain needful transparency. Khatiwada’s statement comes at a time when industrialists and entrepreneurs are appealing to the government to control interest rates of the banks. Addressing a function […]

Minister hopeful of all local units’ access to commercial banks in next 5 months

Kathmandu, February 6 Minister for Finance Yuba Raj Khatiwada says the government will make sure that all 753 local units of the country will have at least one commercial bank by the end of current fiscal year that is mid-July. The government had set a deadline of mid-July last for the banks to reach the […]