Govt to roll out five 'special packages' to make economy dynamic
Summary
Finance Minister Dr Swarnim Wagle said the government plans to roll out five special packages to revive the economy, including relief and rehabilitation after the Bhotekoshi flood and policy reforms for the capital market. The measures also aim to promote the private sector, remove Nepal from the FATF grey list, and mobilize international finance for reconstruction.
Key Points
- The government is preparing five special packages to make the economy more dynamic, Finance Minister Dr Swarnim Wagle said at the SEJON annual general meeting.
- The first package focuses on recovery and rehabilitation after the Bhotekoshi flood, including relief for affected industrialists, businesspeople and the public.
- A 10 to 12-point policy reform plan for the sluggish capital market is expected within a week under the second package.
- The government also plans a special package to promote the private sector, exit the FATF grey list, and secure international finance for flood reconstruction.
