Finance Ministry Secretary Dr. Ghanshyam Upadhyay States Financial Sector Governance and Reform are High Priorities
Summary
Dr. Ghanshyam Upadhyay, Secretary of the Ministry of Finance, emphasized financial sector governance and reform as top priorities to improve Nepal's economy, highlighting the need to amend the Nepal Rastra Bank Act to reflect new governance and technological changes.
Key Points
- Dr. Ghanshyam Upadhyay stated that financial sector governance and reform are government priorities for overall economic improvement.
- He highlighted the need to amend the Nepal Rastra Bank Act, 2058 to address new governance structures and IT developments.
- The amendment aims to make Nepal Rastra Bank a stronger and more effective regulatory body.
- The Ministry of Finance and Nepal Rastra Bank are committed to clarifying amendment proposals during further discussions.
