CIT's investment will be made transparent, result-oriented: Finance Minister Dr Wagle
Summary
Finance Minister Dr Swarnim Wagle says Citizen Investment Trust investments will be made transparent and result-oriented as Parliament debates the CIT (Third Amendment) Bill, 2083. Lawmakers urged stronger risk management and safe handling of the trust’s nearly Rs 337 billion in savings.
Key Points
- Finance Minister Dr Swarnim Wagle said Citizen Investment Trust investments will be managed in a transparent and result-oriented way.
- He stressed the need for secure, risk-managed mobilization of public funds and national savings.
- Lawmakers raised concerns about making the trust’s Rs 337 billion in savings safe, transparent and productive.
- Clause-wise discussion on the bill will continue in the relevant committee based on lawmakers’ amendments.
