The government is set to unveil substantial policy initiatives targeting the overhaul of Nepal’s capital market in the forthcoming fiscal year 2082/83. As part of this endeavor, the Nepal Stock Exchange (NEPSE) will undergo a comprehensive reconfiguration to boost operational effectiveness and enhance the overall competitiveness of the market.
While delivering the federal budget on Thursday, Finance Minister Bishnu Prasad Paudel mentioned that reforms will be introduced to modernize NEPSE, making it more agile and attuned to the requirements of investors. The restructuring is anticipated to encompass technological enhancements, procedural streamlining, and institutional realignment.
In a significant development, the government has also resolved to permit Non-Resident Nepalis (NRNs) to engage in Nepal’s secondary capital market. A new regulation will be established to allow NRNs to partake in trading activities on the secondary market platform, a measure designed to foster increased diaspora investment in Nepal’s financial sector.
These initiatives signify the government’s dedication to expanding the investor base and cultivating a more inclusive and efficient market environment.
