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Public debt at Nu 290bn as of September 2024

Public debt at Nu 290bn as of September 2024

The country's public debt rose by over Nu 5bn in the third quarter of 2024 compared to the second quarter. The finance ministry's quarterly Public Debt Situation Report reveals that as of September, the total public debt surpassed Nu 290bn. Of this amount, external debt accounts for a significant 92 per cent. Total public debt refers to the total amount...

Audit observes poor workmanship in farm road GSB projects

Audit observes poor workmanship in farm road GSB projects

In its latest report, the Royal Audit Authority revealed several audit issues concerning the laying of Granular Sub-Base (GSB) on farm roads. These include the rapid appearance of potholes, erosion, and GSB washouts shortly after project completion. The report also highlighted the use of improperly graded GSB materials and inadequate compaction. The authority stated that such practices compromise road durability...

National Education Policy to incorporate AI and Robotics in curriculum

National Education Policy to incorporate AI and Robotics in curriculum

STEM education will become a key curriculum when the implementation of the National Education Policy begins. The curriculum will incorporate cutting-edge concepts such as Artificial Intelligence and Robotics. The Cabinet endorsed the policy last week, paving the way for its implementation. It is aligned with His Majesty The King’s Royal Kasho on Education Reform, issued in 2020. Spanning early childhood...

Health Ministry closely monitoring Mpox situation amid cases in neighbouring countries

Health Ministry closely monitoring Mpox situation amid cases in neighbouring countries

The health ministry said they are closely monitoring the situation regarding Mpox along the country’s borders. The ministry has strengthened surveillance at airports and border areas, ensuring that health facilities are prepared to detect and manage potential cases. Mpox, formerly known as Monkeypox, was declared a Public Health Emergency of International Concern by the World Health Organisation in August. Nepal...

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