• Saturday, 3 May 2025

Govt to implement second financial sector development strategy

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By TRN Online, Kathmandu, May 2: The government has announced that it will implement second financial sector development strategy. 

President Ramchandra Paudel said to while presenting the government policy and programme for the fiscal year 2025/26 at the joint meeting of the federal parliament today.

In addition, it is said that an assest management company will be establised to manage non-banking assets and non-performing loans of banks and financial institutions. 

Also, information technology infrastucture will be expanded to develop digital economy and increase cashless financial transaction. 

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