Nepal to Appoint Regulatory Bodies for Private Sector and NGOs to Curb Corruption
Summary
Nepal's government plans to appoint regulatory bodies for private companies and NGOs within a year to control corruption and improve accountability as part of its new strategic plan.
Key Points
- Nepal will appoint regulatory bodies for private sector companies and NGOs within one year to curb corruption.
- The move is outlined in the 'Second Five-Year National Strategic Plan Against Corruption'.
- The Ministry of Industry, Commerce and Supplies, Ministry of Law, Justice and Parliamentary Affairs, and Ministry of Finance will lead the effort.
- Implementation challenges include jurisdictional disputes between agencies and potential resistance from private entities.
