Upcoming Budget to Focus on Economic Transformation: Finance Minister Wagle

Summary

Finance Minister Dr. Swarnim Wagle announced that the upcoming national budget will focus on economic transformation, improved governance, and reforms in state-owned enterprises, while addressing money laundering and external conflicts' impact.

Key Points
  • The upcoming national budget will prioritize economic transformation and strengthening economic governance.
  • The government plans to introduce reforms and new operational models for state-owned enterprises including Gorkhapatra Corporation.
  • Investigations against money laundering will be intensified as part of efforts to remove Nepal from the FATF grey list.
  • Government has implemented a two-day public holiday per week in offices to reduce fuel consumption amid the Middle East conflict.
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