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Nepal Plans Deposit Protection for Cooperatives, Faster Payouts for Troubled Institutions
A proposed amendment to the Deposit and Credit Guarantee Fund Act would extend deposit protection to eligible cooperatives, allow advance payouts before liquidation, and raise the fund’s capital to Rs 10 billion.
Finance Minister Swarnim Wagle Wraps Up Three-Day India Visit with High-Level Talks
Finance Minister Dr. Swarnim Wagle concluded a three-day visit to India after meetings with senior Indian leaders, business representatives and policy experts focused on bilateral cooperation, investment and economic engagement.
Nepal’s Economy Grows 3.85% as Remittances and Forex Reserves Surge, Capital Spending Slumps
The Finance Ministry’s Annual Report 2082/83 shows stronger external-sector buffers and remittance growth, but weaker capital expenditure, rising public debt and slower-than-targeted revenue collection remain major fiscal concerns.
Nepal, Development Partners Map Out Recovery Plan After Rasuwa–Bhotekoshi Floods
Nepal’s Finance Ministry and development partners have discussed rapid damage assessment, reconstruction priorities and coordinated international support following the Rasuwa–Bhotekoshi floods.
Nepal Proposes Deposit Protection for Cooperatives, Advance Payouts for Troubled Institutions
The Finance Ministry has drafted the first amendment to the Deposit and Credit Guarantee Fund Act, 2073, proposing to extend deposit protection to cooperatives, allow advance payments to depositors of troubled institutions, and expand the fund’s capital and coverage.
Nepal Elected Vice-Chair of Asian Infrastructure Investment Bank for 2026–27
Nepal has been elected Vice-Chair of the Asian Infrastructure Investment Bank’s Board of Governors for 2026–27, marking the country’s first appointment to the post and opening new prospects for infrastructure financing and cooperation.