Finance Minister Dr. Swarnim Wagle Holds Key Meeting with Stock Brokers to Address Market Concerns
Summary
Finance Minister Dr. Swarnim Wagle met with the Stock Brokers’ Association of Nepal to discuss the recent stock market decline and explore measures to stabilize it, focusing on capital market reforms and boosting investor confidence.
Key Points
- Finance Minister Dr. Swarnim Wagle held a meeting with the Stock Brokers’ Association of Nepal to address the recent decline in the stock market.
- Brokers urged the implementation of Capital Market Reform Taskforce recommendations to strengthen the sector.
- Key issues discussed included easing market access for banks, enabling Nepali citizens abroad to trade, and clarifying capital gains tax.
- Brokers emphasized the need for improved securities settlement, activation of the Settlement Guarantee Fund, and increased market transparency.
