Make Nepal, Bhutan, Bangladesh, India, and Bangladesh “Borderless”: Sri Lankan President

India, Sri Lanka, Bangladesh, Myanmar, Thailand, Nepal, and Bhutan make up the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC), a regional alliance.Ranil Wickremesinghe, the president of Sri Lanka, has proposed turning the BIMSTEC region, which consists of the seven member countries, into a single “borderless” tourist […]

President Murmu said that India was dedicated to strengthening their collaboration for development.

On Thursday, President Droupadi Murmu said that India prioritizes Nepal and reaffirmed India’s commitment to strengthening its development collaboration with the neighboring country, particularly the swift completion of crucial projects. At the Rashtrapati Bhavan, Murmu welcomed Nepal’s Prime Minister Pushpa Kamal Dahal, commonly known as “Prachanda,” and said that recent […]

The government spends more than it makes.

KATHERDU, 15 MAY: As the government’s spending exceeds its tax collection, the fiscal imbalance is growing. As of mid-May of the current fiscal year 2022/23, the government’s spending was Rs 250 billion more than its revenue, according to the Financial Comptroller General’s Office (FCGO). The government spent Rs. 1.047 trillion […]