Wednesday, December 24th, 2025

Finance Minister rules out scrapping provinces



BIRATNAGAR: Finance Minister Rameshwor Khanal has made it clear that there is no possibility of dismantling Nepal’s provincial structure.

Speaking briefly with journalists at Biratnagar Airport, Khanal, who is also overseeing the Ministry of Federal Affairs and General Administration, said the current government is operating strictly under the constitution and has no plans to abolish provinces.

Responding to queries, Minister Khanal also dismissed speculation about a potential ban on Rs 1,000 and Rs 500 banknotes, saying the matter has not been discussed at any level.

On India’s recent reduction of the unified Goods and Services Tax (GST), he said the government is studying the implications. He assured that if any domestic industries or enterprises face negative impacts, corrective measures will be taken.

Publish Date : 24 September 2025 16:55 PM

Early morning chill persists in Kathmandu Valley

KATHMANDU: The Kathmandu Valley recorded the same minimum temperature on

NC holding Central Work Execution Committee meeting today

KATHMANDU: The Nepali Congress (NC) is holding a meeting of

Election 71 days away: Parties intensify PR list preparations

KATHMANDU: With 71 days remaining until the election of members

Three Shocks that Shook the World in 2025

This was the year that the remaining pillars of the

NRB releases today’s foreign currency exchange rates

KATHMANDU: Nepal Rastra Bank (NRB) has fixed the foreign currency