Government Announces Expansion of Pension Funds and NRN Participation in Share Market
Summary
The government plans to expand participation of pension funds and Non-Resident Nepalis in Nepal's share market while developing capital and debt markets with improved regulations.
Key Points
- The government announced plans to increase the participation of pension funds and Non-Resident Nepalis in Nepal’s share market.
- President Ramchandra Paudel presented policies emphasizing expansion of institutional investors like insurance companies and mutual funds.
- The policy aims to develop the capital market in a secure, competitive, and internationally standardized manner.
- Plans include restructuring securities regulation, Nepal Stock Exchange (NEPSE), and the clearing system, and developing debt and bond markets.