The NEPSE Journal
Market commentary, data deep-dives, and trading notes from the NEPSE Trading desk.
He added that arrangements will be made to allow companies listed on Nepal's securities market to issue Global Depository Receipts, enabling them to be listed on foreign securities markets after completing the prescribed process.
He added that the nutrition allowance received by children in 25 districts — mainly in Madhesh, Karnali, and Sudurpaschim provinces, which have high poverty and lag behind on the Human Development Index — has been continued.
Wagle added that the Kathmandu Valley Water Supply Management Board, Kathmandu Valley Water Supply Limited, the Project Implementation Directorate, and the Water Supply and Sanitation Tariff Fixation Commission will be merged into a single structure.
To effectively manage the rising non-performing loans and non-banking assets in the banking sector, the Finance Minister said a National Asset Management Company — with special legal authority — will be established by the end of Poush.
Finally, the Finance Minister said industries and businesses that have been unable to operate at full capacity due to a lack of capital will be provided a "business revival loan" to encourage them to expand capacity and grow.
